How to Stake The Graph (GRT) in Canada

Introduction to Cryptocurrency in Canada

Staking The Graph can be an excellent choice for Canadians looking to hold GRT 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 The Graph (GRT) Tokens in Canada

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

   Platform	Coin	Cost
   Nexo	The Graph (GRT)	0.04
   PrimeXBT	The Graph (GRT)	0.04
   YouHodler	The Graph (GRT)	0.04
   Binance	The Graph (GRT)	0.04
   BTSE	The Graph (GRT)	0.04
   Coinbase	The Graph (GRT)	0.04

   See all 70 prices in Canada

2. 2. Select a The Graph Wallet in Canada

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

   Platform	Coin	Staking rewards in Canada
   YouHodler	The Graph (GRT)	Up to 15% APY in Canada
   Binance	The Graph (GRT)	Up to 6.2% APY in Canada

   See all 11 staking rewards in Canada

3. 3. Delegate Your GRT in Canada

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