Introduction to Cryptocurrency in Canada

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

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

   Platform	Coin	Cost
   BTSE	Verasity (VRA)	0.000065
   OKX	Verasity (VRA)	0
   BingX	Verasity (VRA)	0.0000641
   Bitget	Verasity (VRA)	0
   Bitmart	Verasity (VRA)	0.000065
   Bitpanda	Verasity (VRA)	0.01

   See all 27 prices in Canada

2. 2. Select a Verasity Wallet in Canada

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

3. 3. Delegate Your VRA in Canada

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