How to Stake CANTO (CANTO) for optimal returns

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-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for South Korea's Financial Landscape 1

1. 1. Acquire CANTO (CANTO) Tokens

   To stake CANTO, you first need to acquire it. To obtain CANTO, you'll need to purchase it from a cryptocurrency exchange. You can choose from these popular platforms available in South Korea.

   플랫폼	코인	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

   Check out 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 recommended options that are popular among Korean users.

   플랫폼	코인	Staking 보상
   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

   Check out all 7 staking rewards available.

3. 3. Delegate Your CANTO in South Korea

   We recommend using a staking pool when staking CANTO. It’s more convenient and quicker to get started. A staking pool consists of a group of validators who combine their CANTO, increasing their chances of validating transactions and earning rewards. You can easily 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 Keep in Mind

You should be aware of the transaction and staking pool fees that apply. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time in the process.