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 might seem a bit overwhelming, particularly if you're doing it for the first time. That's why we've created this guide specifically for you.

Step-by-Step Guide for Ugandan Investors

1. 1. Acquire CANTO (CANTO) Tokens

   To stake CANTO, you first need to acquire it. To obtain CANTO, you will have to buy it. You can select from these well-known exchanges available in Uganda.

   E-platform	Coin	Cost
   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

   See all 12 prices in Uganda

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 reliable options to consider.

   E-platform	Coin	Staking rewards in Uganda
   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

   We recommend using a staking pool when staking CANTO. It's simpler and quicker to get started. A staking pool is a collective of validators who combine 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'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the CANTO network. You'll be rewarded with CANTO for these validations.

What to Keep in Mind

There are transaction and staking pool fees you need to keep in mind. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, which can take a bit of time.