How to Stake CANTO (CANTO): A Step-by-Step Guide for South Africans

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 if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. Acquire CANTO (CANTO) Tokens
To stake CANTO, you first need to acquire it. To obtain CANTO, you'll need to buy it. You can select from these popular exchanges available in South Africa.
Platform Mint Cost
BingX CANTO (CANTO) 0,01
Bitget CANTO (CANTO) 0,01
CoinEx CANTO (CANTO) 0
Crypto.com CANTO (CANTO) 0
Gate.io CANTO (CANTO) 0
MEXC Global CANTO (CANTO) 0,01
View all 12 prices
2. Select a CANTO Wallet
Once you have CANTO, you'll need to choose a CANTO wallet to store your tokens securely. Here are some solid options to consider.
Platform Mint Staking rewards in South Africa
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. 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. 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.

Platform	Mint	Cost
BingX	CANTO (CANTO)	0,01
Bitget	CANTO (CANTO)	0,01
CoinEx	CANTO (CANTO)	0
Crypto.com	CANTO (CANTO)	0
Gate.io	CANTO (CANTO)	0
MEXC Global	CANTO (CANTO)	0,01

Platform	Mint	Staking rewards in South Africa
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

What to Keep in Mind

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