How to Stake Stellar (XLM): A Step-by-Step Guide for Canadians

Introduction to Cryptocurrency in Canada

Staking Stellar can be an excellent choice for Canadians looking to hold XLM 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. Acquire Stellar (XLM) Tokens in Canada
To stake Stellar, you first need to acquire it. To obtain Stellar, you'll need to purchase it from one of these popular Canadian exchanges.
Platform Coin Cost
Nexo Stellar (XLM) 0.23
PrimeXBT Stellar (XLM) 0.22
EarnPark Stellar (XLM) 0.22
YouHodler Stellar (XLM) 0.22
Binance Stellar (XLM) 0.22
Coinbase Stellar (XLM) 0.22
See all 70 prices in Canada
2. Select a Stellar Wallet in Canada
Once you have XLM, you'll need to choose a Stellar wallet to store your tokens. Here are some great options available in Canada.
Platform Coin Staking rewards in Canada
YouHodler Stellar (XLM) Up to 9% APY in Canada
3. Delegate Your XLM in Canada
We recommend using a staking pool when staking XLM. It's simpler and faster to get started. A staking pool is a group of validators who combine their XLM, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Stellar network. You'll be rewarded with XLM for these validations.

Platform	Coin	Cost
Nexo	Stellar (XLM)	0.23
PrimeXBT	Stellar (XLM)	0.22
EarnPark	Stellar (XLM)	0.22
YouHodler	Stellar (XLM)	0.22
Binance	Stellar (XLM)	0.22
Coinbase	Stellar (XLM)	0.22

Platform	Coin	Staking rewards in Canada
YouHodler	Stellar (XLM)	Up to 9% APY in Canada

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.

Latest Movements in Canada

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Market capitalization: US$12.06B
24h trading volume: US$490.63M
Circulating supply in Canada: 30.38B XLM

See the latest information

Stellar XLM Updates in Canada

January 11, 2026XLM Price Shows Bullish Signs as Stellar's RWA Value Nears $1B

Stellar price prediction hints a 30% breakout as network value quietly climbs toward $1 billion. Can the XLM price follow?

January 10, 2026Stablecoin Card Adoption Will Take Off in 2026 Says Dragonfly

Dragonfly’s Haseeb Qureshi tipped stablecoin card adoption will explode in 2026 after stablecoin startup Rain secured $250 million to push blockchain-powered payments.

January 9, 2026Visa-Linked Stablecoin Firm Rain Valued Above $1.9B

Rain raised $250 million in a Series C round led by Iconiq, valuing the Visa-linked stablecoin payments firm at $1.95 billion as it moves to expand globally.