How to Stake Stride (STRD) in Canada

Introduction to Cryptocurrency in Canada

Staking Stride can be an excellent choice for Canadians looking to hold STRD 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 Stride (STRD) Tokens in Canada

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

   Platform	Coin	Cost
   Kraken	Stride (STRD)	0.03
   CoinEx	Stride (STRD)	0.03
   MEXC Global	Stride (STRD)	0.05

   See all 6 prices in Canada

2. 2. Select a Stride Wallet in Canada

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

   Platform	Coin	Staking rewards in Canada
   Everstake	Stride (STRD)	Up to 2.85% APY in Canada
   MyCointainer	Stride (STRD)	Up to 12.1% APY in Canada
   Stakely.io	Stride (STRD)	Up to 1.57% APY in Canada
   Stakewolle	Stride (STRD)	Up to 14.56% APY in Canada

   See all 7 staking rewards in Canada

3. 3. Delegate Your STRD in Canada

   We recommend using a staking pool when staking STRD. It's simpler and faster to get started. A staking pool is a group of validators who combine their STRD, 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 Stride network. You'll be rewarded with STRD 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.