How to stake Injective in Canada

Bitbuy makes it easy for Canadians to stake Injective and start earning crypto rewards in Canada

Take Your INJ to the Next Level by Earning Staking Rewards

Earn up to 10.73% in Injective (INJ) staking rewards on Bitbuy by staking all or some of your holdings in a stable and regulated environment. Enjoy passive rewards paid to you every 12 hours.

Injective (INJ)
Earn 10.73% Yearly
Minimum
0.02 INJ
Payout period
Every 12 hours
Bonding period
12 hours
Unbonding period
21 days

*Please note that bonding/unbonding periods are subject to change based on the requirements of each network..
Note: The reward rate posted here is an estimation, and may be updated on a monthly basis.

Calculate my rewards

Earn Passive Rewards with INJ Staking

By staking your INJ assets, you can receive up to 10.73% in passive income and watch your holdings grow by locking in your cryptocurrency for any length you want. How does it work? Your earnings from staking rewards are issued every 12 hours, and each encrypted transaction is secure using SSL technology and two-factor authentication. This high level of security gives you peace of mind that your assets are protected. Ultimately, Bitbuy offers its clients some of the best staking reward rates in Canada today, meaning that more of your money is allocated directly to you! Check out our handy calculator to see how much you can earn on the platform.

Bitbuy Makes Staking Injective Crypto Simple

With INJ staking, you can take comfort in the fact that the entire process is smooth, fast, and easy:

Step 1. Deposit funds with the fiat currency of your choice.

Step 2. Select the amount you want to invest.

Step 3. Choose INJ as the cryptocurrency you want to stake.

It should be noted that your cryptocurrency holdings will never leave your account, and funds will be paid out every 12 hours. Because Bitbuy is your leading digital platform, you can rest assured that all your assets are safe and secure. You can also take comfort in the fact that you can unstake your INJ investment at any time and withdraw any amount, however this is subject to an unbonding period of 21 days until you receive your INJ back into your account.

How INJ Staking Rewards Work

Here is how staking your INJ holdings works:

  • Injective employs a Proof-of-Stake (PoS) cryptocurrency consensus mechanism that confirms transactions and constructs new blocks through randomly chosen validators.
  • INJ is the native cryptocurrency of Injective.
  • Any investor who holds even a single INJ coin can stake their assets.
  • After the tokens are chosen to validate as a block, stakers will earn a INJ staking reward.

Why Bitbuy is Your Best Choice for INJ Staking

Speed & Efficiency

Clients who choose to stake on the Bitbuy platform will have the advantage of not having to be concerned about extended lockup and unbonding periods. That’s right. Holders can unstake and withdraw anytime but always subject to the unbonding period of 21 days.

The Lowest Fees

In Canada today, Bitbuy offers the lowest staking fees. And by choosing a Canadian-based digital platform, clients no longer need to be concerned about foreign-exchange fees.

Award-Winning Customer Support

The Bitbuy customer service team can answer all questions, concerns, and inquiries that users may have. You can reach out to our impeccable customer support staff. You can also visit our support page, where you’ll find a long list of answers to common questions.

Safe and Secure

Bitbuy is the nation’s most reputable cryptocurrency platform. It is also the first Toronto Stock Exchange-listed firm and one of the few Ontario Securities Commission-registered crypto trading platforms in Canada to be granted regulatory approval to offer clients staking.

Since Bitbuy does not participate in fractional reserves, you can be confident that we will never loan out your assets to earn rewards. Your assets are always maintained at a 1:1 ratio. Be sure to check out our latest Proof-of-Reserves audit here!

FAQ

What is INJ?

Injective is a next-generation Web3 protocol that connects blockchains, facilitating the transmission of data and value across various networks. The objective is to incentivize an international network of computers to operate on a blockchain while also grappling scalability and other technical challenges within blockchain networks.

How Much INJ do I Need to Stake?

The minimum amount needed to stake INJ on Bitbuy is 0.02 INJ.  

The philosophy of staking rewards is simple: The more you stake, the more you earn.

How do I Buy INJ in Canada?

The only way to purchase tokens is to buy INJ on a cryptocurrency exchange like Bitbuy. The process is easy enough: open a Bitbuy account and then acquire as much or as little INJ as you want.

Where is the Best Place to Stake INJ?

For the most part, cryptocurrency was challenging to access more than a decade ago. You either had to mine digital currencies, or you had to find others to exchange. Since then, however, the crypto sector has blossomed, whether it is the opening of crypto exchanges across the globe or valuation levels. One of the best online crypto trading platforms is the Canadian-owned and operated Bitbuy. This crypto platform is an oasis for all types of investors, from the novice interested in crypto to the seasoned veteran who monitors the market all day. Bitbuy has the best tools to buy and sell crypto. So, be it low fees or incredible security features, Bitbuy gives clients exposure to a long list of coins, including INJ.

Do the 10.73% Staking Rewards Fluctuate?

Yes, INJ staking rewards do fluctuate. However, if holders average their rewards over a period, it will be roughly equal, and the variability averages out.

In addition, the less INJ is staked on the network, the higher the rewards – and vice versa.

Is Injective Proof of Stake or Proof of Work?

Injective uses a Proof-of-Stake (PoS) consensus mechanism system.

How Often Does Bitbuy Pay Staking Rewards?

Your INJ staking rewards are paid out by Bitbuy every two to three days.

How Much Can I Earn Staking INJ?

You can earn up to 10.73% on the amount you staked.

Can You Lose INJ by Staking?

Staking is a safe, secure, and effective investment decision in the crypto community. But the trading strategy does offer some risks comparable to other investment vehicles.

The common concern with staking is usually slashing. This is when there are missed rewards from validator errors or infrastructure downtime. But users should not worry since Bitbuy prevents slashing from occurring by partnering with some of the best infrastructure providers in the digital economy today, including Figment. This firm created Bitbuy’s systems and processes to limit the odds of a slashing occurrence.

Remember, crypto staking is much safer than crypto lending since the former comes from the blockchain protocol, and the latter includes credit risks. Ultimately, your staking earnings emanate from issuing new tokens rather than waiting for a borrower to repay a loan.

How Long Can You Stake INJ?

Clients can stake INJ for as long as they want. There is no minimum or maximum.

What is the Best Staking Crypto?

  • Ethereum: A PoS cryptocurrency and decentralized global software platform powered by open-source blockchain technology with smart contract functionality.
  • Cardano: A PoS blockchain protocol that supports peer-to-peer transactions and functions as an efficient and reliable alternative to PoW networks.
  • Cosmos: A PoS cryptocurrency that bolsters a pool of blockchains that can scale and communicate with others. The long-term objective is to establish what is called an Internet of Blockchains.
  • Polkadot: A PoS blockchain and cryptocurrency that connects blockchains, facilitating the movement of data and value across multiple networks.
  • Polygon: A PoS network that employs on-chain transactions, depending on Ethereum for enhanced security mechanisms.
  • Solana: The protocol utility, which is one of the world’s largest smart contract cryptocurrencies, is a decentralized and permissionless high-speed layer-1 blockchain. The project looks to offer efficient, scalable, and user-friendly applications for the worldwide cryptocurrency sector.

How Safe is Staking INJ?

Staking your INJ on Bitbuy is a safe and secure decision. All your staked crypto assets will be stored in institutional-grade cold storage from BitGo, a digital asset custody solutions firm and market leader. For INJ, all your holdings will be locked in a deposit smart contract that will be in the care of BitGo on Bitbuy’s behalf.

Take Your INJ to the Next Level by Earning Staking Rewards

Earn up to 10.73% in Injective (INJ) staking rewards on Bitbuy by staking all or some of your holdings in a stable and regulated environment. Enjoy passive rewards paid to you every 12 hours.

Calculate my rewards

Calculate your Injective (INJ) Rewards

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Your Investment
$ 0.00
Projected Earning*
$ 0.00
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token
min
max
Months
min
max
*Please note that this estimate is for illustrative purposes only. Earning may be variant when you make a staking transaction and dependant on the price of the coin at any given time.
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Earn rewards by staking your crypto

Sign up
Polkadot (DOT)
Earn 10.07% annually
Stake DOT
Ethereum (ETH)
Earn up to 2.89% annually
Stake ETH
Polygon (MATIC)
Earn 4.55% annually
Stake MATIC
Solana (SOL)
Earn 5.04% annually
Stake SOL
Cardano (ADA)
Earn 2.25% annually
Stake ADA
NEAR Protocol (NEAR)
Earn 5.15% annually
Stake NEAR
Cosmos (ATOM)
Earn 11.23% annually
Stake ATOM
Injective (INJ)
Earn 10.73% annually
Stake INJ
Celestia (TIA)
Earn 10.37% annually
Stake TIA
*Please note that this estimate is for illustrative purposes only. Earning may be variant when you make a staking transaction and dependant on the price of the coin at any given time.
See Staking Asset Details for more information on each stakeable token.

Start earning staking rewards in 3 easy steps

1
Buy and hold eligible crypto
Choose one of the eligible coins and purchase it if you do not own it
2
Choose an amount to stake
Once you own the eligible coin, choose how much you would like to stake

3

Earn staking rewards
Start earning rewards paid out frequently while you HODL