How to Stake Zilliqa (ZIL) in Canada

Introduction to Cryptocurrency in Canada

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

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

   Platform	Coin	Cost
   EarnPark	Zilliqa (ZIL)	0
   YouHodler	Zilliqa (ZIL)	0
   Binance	Zilliqa (ZIL)	0
   OKX	Zilliqa (ZIL)	0.01
   Uphold	Zilliqa (ZIL)	0.01
   Bake	Zilliqa (ZIL)	0

   See all 45 prices in Canada

2. 2. Select a Zilliqa Wallet in Canada

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

   Platform	Coin	Staking rewards in Canada
   Uphold	Zilliqa (ZIL)	Up to 5% APY in Canada
   Atomic Wallet	Zilliqa (ZIL)	Up to 15% APY in Canada
   Binance	Zilliqa (ZIL)	Up to 5.4% APY in Canada

   See all 20 staking rewards in Canada

3. 3. Delegate Your ZIL in Canada

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