How to Stake Stargaze (STARS) in Canada

Introduction to Cryptocurrency in Canada

Staking Stargaze can be an excellent choice for Canadians looking to hold STARS while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide for Canadians

1. 1. Acquire Stargaze (STARS) Tokens in Canada

   To stake Stargaze, you first need to acquire it. To obtain Stargaze, you'll need to purchase it from one of these popular Canadian exchanges.

   Platform	Coin	Cost
   CoinEx	Stargaze (STARS)	0

2. 2. Select a Stargaze Wallet in Canada

   Once you have STARS, you'll need to choose a Stargaze wallet to store your tokens. Here are some great options available in Canada.

   Platform	Coin	Staking rewards in Canada
   Stakewolle	Stargaze (STARS)	Up to 30.56% APY in Canada
   Stakin	Stargaze (STARS)	Up to 13.48% APY in Canada

   See all 4 staking rewards in Canada

3. 3. Delegate Your STARS in Canada

   We recommend using a staking pool when staking STARS. It's simpler and faster to get started. A staking pool is a group of validators who combine their STARS, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Start Validating

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Stargaze network. You'll be rewarded with STARS for these validations.

What Canadians Should Be Aware Of

In Canada, it's important to consider transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.