How to Stake CANTO (CANTO)

Introduction

Staking CANTO can be an excellent choice for those 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've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire CANTO (CANTO) Tokens

   To stake CANTO, you first need to acquire it. To obtain CANTO, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   BingX	CANTO (CANTO)	0,01 APY
   Bitget	CANTO (CANTO)	0,01 APY
   CoinEx	CANTO (CANTO)	0 APY
   Crypto.com	CANTO (CANTO)	0 APY
   Gate.io	CANTO (CANTO)	0 APY
   MEXC Global	CANTO (CANTO)	0,01 APY

   View all 12 prices

2. 2. Select a CANTO Wallet

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

   Plattform	Kryptowährung	Staking rewards
   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

   Discover all 7 staking rewards available

3. 3. Delegate Your CANTO

   We recommend using a staking pool when staking CANTO. It's simpler and faster to get started. A staking pool is a collective of validators who pool their CANTO, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

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

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.