How to Stake OneFinity (ONE): A Step-by-Step Guide for Canadians

Introduction to Cryptocurrency in Canada

Staking OneFinity can be an excellent choice for Canadians looking to hold ONE 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 specifically for you.

Step-by-Step Guide for Canadians

1. Acquire OneFinity (ONE) Tokens in Canada
To stake OneFinity, you first need to acquire it. To obtain OneFinity, you'll need to purchase it from one of these popular Canadian exchanges.
Platform Coin Cost
BingX OneFinity (ONE) 0
Bitget OneFinity (ONE) 0
Bitpanda OneFinity (ONE) 0.02
Kucoin OneFinity (ONE) 0
MEXC Global OneFinity (ONE) 0.04
See all 9 prices in Canada
2. Select a OneFinity Wallet in Canada
Once you have ONE, you'll need to choose a OneFinity wallet to store your tokens. Here are some great options available in Canada.
Platform Coin Staking rewards in Canada
Kucoin OneFinity (ONE) Up to 5.5% APY in Canada
Moonstake OneFinity (ONE) Up to 7.47% APY in Canada
See all 4 staking rewards in Canada
3. Delegate Your ONE in Canada
We recommend using a staking pool when staking ONE. It's simpler and faster to get started. A staking pool is a group of validators who combine their ONE, which increases their chances of validating transactions and earning rewards. You can do 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 OneFinity network. You'll be rewarded with ONE for these validations.

Platform	Coin	Cost
BingX	OneFinity (ONE)	0
Bitget	OneFinity (ONE)	0
Bitpanda	OneFinity (ONE)	0.02
Kucoin	OneFinity (ONE)	0
MEXC Global	OneFinity (ONE)	0.04

Platform	Coin	Staking rewards in Canada
Kucoin	OneFinity (ONE)	Up to 5.5% APY in Canada
Moonstake	OneFinity (ONE)	Up to 7.47% APY in Canada

What Canadians Should Be Aware Of

In Canada, it's important to consider transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.