Latest Movements in Canada
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- Market capitalization
- US$1.29B
- 24h trading volume
- US$72.25M
- Circulating supply in Canada
- 1.02B XTZ
Earn up to
7% APY in Canada
An in-depth guide on how to stake Tezos (XTZ) in Canada
We have a wealth of information on staking Tezos (XTZ) and we're excited to share some of this with you.
We present you with various staking options featuring other cryptocurrencies that may pique your interest.
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Staking Tezos can be an excellent choice for Canadians looking to hold XTZ 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.
To stake Tezos, you first need to acquire it. To obtain Tezos, you'll need to purchase it from one of these popular Canadian exchanges.
| Platform | Coin | Cost |
|---|---|---|
| PrimeXBT | Tezos (XTZ) | 0.45 |
| YouHodler | Tezos (XTZ) | 0.45 |
| Binance | Tezos (XTZ) | 0.45 |
| BTSE | Tezos (XTZ) | 0.45 |
| Coinbase | Tezos (XTZ) | 0.45 |
| OKX | Tezos (XTZ) | 0.74 |
Once you have XTZ, you'll need to choose a Tezos wallet to store your tokens. Here are some great options available in Canada.
| Platform | Coin | Staking rewards in Canada |
|---|---|---|
| YouHodler | Tezos (XTZ) | Up to 7% APY in Canada |
| Uphold | Tezos (XTZ) | Up to 2.82% APY in Canada |
| Atomic Wallet | Tezos (XTZ) | Up to 5.8% APY in Canada |
| Binance | Tezos (XTZ) | Up to 29% APY in Canada |
We recommend using a staking pool when staking XTZ. It's simpler and faster to get started. A staking pool is a group of validators who combine their XTZ, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Tezos network. You'll be rewarded with XTZ for these validations.
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.