Introduction to Cryptocurrency in Canada

Staking Tether Gold can be an excellent choice for Canadians looking to hold XAUT 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 Tether Gold (XAUT) Tokens in Canada

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

   Platform	Coin	Cost
   YouHodler	Tether Gold (XAUT)	4,509.84
   BTSE	Tether Gold (XAUT)	4,499.21
   Coinbase	Tether Gold (XAUT)	2,641.15
   OKX	Tether Gold (XAUT)	4,500.1
   Azbit	Tether Gold (XAUT)	0
   Bake	Tether Gold (XAUT)	4,494.11

   See all 40 prices in Canada

2. 2. Select a Tether Gold Wallet in Canada

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

3. 3. Delegate Your XAUT in Canada

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