How to Stake CANTO (CANTO) for better returns

Introduction

Staking CANTO can be an excellent choice for individuals looking to hold CANTO while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we have created this comprehensive guide to assist you.

Step-by-Step Guide

1. 1. Acquire CANTO (CANTO) Tokens

   To stake CANTO, you first need to acquire it. To obtain CANTO, you can purchase it from these well-known exchanges.

   平台	Coin	Price
   BingX	CANTO (CANTO)	0.01 APY
   Bitget	CANTO (CANTO)	0.01 APY
   CoinEx	CANTO (CANTO)	0.01 APY
   Crypto.com	CANTO (CANTO)	0.01 APY
   Gate.io	CANTO (CANTO)	0.01 APY
   MEXC Global	CANTO (CANTO)	0.01 APY

   View all 12 prices

2. 2. Select a CANTO Wallet for Your Needs

   Once you have CANTO, you'll need to select a CANTO wallet to securely store your tokens. Here are some excellent options to consider.

   平台	Coin	Staking returns
   Bitget	CANTO (CANTO)	Up to 5% APY
   RockX	CANTO (CANTO)	Up to 5.47% APY
   Stakewolle	CANTO (CANTO)	Up to 20% APY
   Stakin	CANTO (CANTO)	Up to 0% APY

   View all 7 staking rewards available

3. 3. Delegate Your CANTO for Enhanced Returns

   We recommend utilizing a staking pool when staking CANTO. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their CANTO, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 4. Begin Verification

   You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the CANTO network. For these validations, you will be rewarded with CANTO.

What to Consider in the Chinese Market

When engaging in transactions and participating in staking pools, it's important to factor in the associated fees. Additionally, there may be a waiting period before you begin to receive rewards. The staking pool must successfully generate blocks, which can require some time to accomplish.