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 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. 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)	0,01
   Crypto.com	CANTO (CANTO)	0,01
   Gate.io	CANTO (CANTO)	0,01
   MEXC Global	CANTO (CANTO)	0,01

   View all 12 prices

2. 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. 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 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.