How to buy Lido Staked Ether (STETH) in Canada

Learn how to buy Lido Staked Ether in Canada and how to decide if you should invest in STETH now with detailed price, chart and performance metrics.

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With a market cap of $27,315,675,007.00 USD, Lido Staked Ether ranks as the 8th largest cryptocurrency by market capitalization in the world. It operates on the Ethereum blockchain network. It is currently trading at a price of $3,117.96 USD per coin, and trades using the cryptocurrency code STETH.

Lido Staked Ether is a highly volatile asset capable of major price swings in a single day. So before you buy Lido Staked Ether, make sure you understand these unique risks as well as its legal and tax status in Canada.

If you want to buy Lido Staked Ether in Canada or track its performance, keep reading to see the latest STETH price, market cap, and trading volume, along with a step-by-step guide for how to invest in STETH crypto in Canada.

Lido Staked Ether (STETH) summary

Current price $3,117.96
All-time high $4,932.89
All-time low $482.90
1-year price change ▼ -20.12%
Market cap $27.32B
Market cap rank #8
Total volume (24h) $17.04M
Circulating supply 8,761,217
Network Ethereum
All monetary values in this table are in USD and were last updated on December 14, 2025.

This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

How to buy Lido Staked Ether in 5 steps

The whole process of buying STETH can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment. Follow these 5 steps to learn how to buy Lido Staked Ether in Canada:

  1. Compare crypto exchanges

    The easiest way to buy Lido Staked Ether is from a cryptocurrency exchange. Choose an exchange that offers low fees, ease of use or 24-hour customer support. You can easily see top picks in our guide to the best crypto exchanges in Canada or compare options below.

  2. Create an account

    To create an account on an exchange, you will need to provide an email address, come up with a strong password and verify your identity through a process called KYC, which requires government-issued photo ID.

  3. Make a deposit

    Once verified, you can deposit CAD using the payment method that best suits you. Common methods like Interac e-Transfer, bank wire and debit card payments are widely accepted on Canadian-friendly exchanges.

  4. Buy Lido Staked Ether

    You can now exchange your funds for Lido Staked Ether. On beginner-friendly exchanges, this is as simple as searching for the coin name (Lido Staked Ether) or for its crypto code (STETH), entering the CAD or STETH amount you want to purchase and clicking "Buy".

  5. Secure your Lido Staked Ether

    Consider transferring your STETH to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.

Where to buy Lido Staked Ether in Canada

We've curated a list of legitimate crypto exchanges below where you can buy Lido Staked Ether in Canada to help you compare deposit methods, supported fiat currencies and fees.

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Finder Score for crypto exchanges

To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.

Read the full methodology

Lido Staked Ether coin price

The Lido Staked Ether (STETH) coin price is $3,117.96 USD, which is +1.21% higher than the previous day's trading price of $3,080.56 USD. Over the past 30 days, STETH's price has changed by -3.20%, from $3,221.14 USD to the current price of $3,117.96 USD. Compared to this time last year, Lido Staked Ether's coin price has seen a decrease of -20.12%.

What was Lido Staked Ether's all-time high price?

Lido Staked Ether reached its all-time high price of $4,932.89 USD on August 24, 2025, which was a +921.51% increase from its previous all-time low price of $482.90 USD, which it reached on December 22, 2020. It has since landed at its current price of $3,117.96 USD.

Historical Lido Staked Ether price chart

You can use this chart to track STETH price performance over time.

Can I buy Lido Staked Ether in Canada?

Yes, you can buy Lido Staked Ether in Canada. Simply open an account with a crypto exchange that operates in Canada and supports Lido Staked Ether—like the ones in our curated list above—and place a buy order.

Because Lido Staked Ether is decentralized, it isn't tied to any single country. That means you can buy and sell it from anywhere in the world, including Canada, as long as you have internet access.

What is Lido Staked Ether?

stETH tokens are the basis of the Lido staking solution, which allows users to enjoy the benefits of staking Ethereum 2.0 while still retaining their Ethereum 1.0 holdings. This is a workaround for one of the chief issues raised by the ETH 2.0 rollout – if you stake your original ETH on the new chain, the wait for transactions to be enabled could be up to 3 years, during which your ETH will be irreversibly locked. According to Stakehound, Lido allows users to stake ETH on the ETH 2.0 chain, and in exchange offers stETH tokens that are correlated 1:1 with the value of these original ETH holdings. Although they are technically derivatives, they can be used in all the same ways, granting holders valuable liquidity they'd otherwise be denied.

What will I need to buy Lido Staked Ether?

To create an account with your chosen crypto platform, you only need an email address or mobile number. This will usually allow you to deposit cryptocurrency, but not CAD.

If you want to buy Lido Staked Ether with Canadian dollars, you'll need to pass a Know Your Customer (KYC) check.

This is a standard security procedure for most exchanges in Canada and requires you to upload some government-issued photo ID, and in some cases a selfie with today's date.

KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days.

Can I buy Lido Staked Ether with a credit card?

Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying Lido Staked Ether with a credit card, you should be aware of the additional cost and risks.

For instance, credit card fees are usually higher than bank transfers or e‑transfers. Some card issuers may even block cryptocurrency transactions or treat them as (more expensive) cash advances. Plus, if you don't pay off your credit card within your statement period, you may end up paying interest on your card balance and losing money if the price moves quickly.

For example, if you were to use a credit card to buy Lido Staked Ether, you could end up paying this:

  • Price of STETH: $3,117.96 USD
  • Purchase amount: $100 USD worth of STETH
  • Estimated exchange fee (3%): $3.00 USD
  • Total cost: $103.00 USD

And if it took you three months to pay off your Lido Staked Ether purchase at the typical credit card interest rate of 19.99% APR, you would pay an additional $5.15 USD in interest on top of what you originally paid to buy Lido Staked Ether.

This example can help you compare the relative cost of buying Lido Staked Ether with a credit card versus other lower‑fee methods such as Interac e-Transfers.

You can check the table of Canadian crypto exchanges above to see which ones accept credit cards for buying Lido Staked Ether, or visit our guide on buying crypto with a credit card for more details.

Can I buy Lido Staked Ether with a debit card?

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Yes, it is possible to buy Lido Staked Ether with a debit card, as most Canadian crypto exchanges accept debit cards as an instant payment method.

To buy Lido Staked Ether with a debit card, you'll typically need to go through the standard steps to purchase crypto on your preferred platform, and then select debit from the list of payment options (e.g. Interac e-Transfer, debit card, credit card) before completing your purchase.

Just note that there are often higher fees for crypto purchases with cards (both debit and credit) compared to paying with Interac e-Transfer or with another cryptocurrency.

Is buying Lido Staked Ether crypto a good investment?

Ethereum's upgrade is one of the biggest developments in crypto, and its transition to proof-of-stake is a clear demonstration of where the future of the space lies. However, there are a number of factors that should be considered before purchasing stETH:

Purpose. All stETH in circulation is created by people using Lido to stake their original ETH.

Buying stETH instead of ETH means you won't have access to the rewards from staking. The main purpose of stETH is to allow ETH owners to get more flexibility out of their staked ETH

Fees. Commissions are high for delegation of tokens for staking - Lido pockets a cool 20% of your returns

Use case of tokens. These coins are not actually ETH, so can't be used to pay gas fees and your staking rewards are in stETH, not ETH.

Returns from staking could balance this out, but this will be a risk factor for some users. Tokens can only be used in DeFi apps that accept stETH

Risk. It is always worth considering the risk that the ETH 2.0 project fails or is delayed in some way

  • Price volatility: Lido Staked Ether's price is largely based on speculation, meaning it can rise or fall quickly. For example, Lido Staked Ether's price has increased by 2.62% in just the last seven days.
  • Transactions can't be reversed: Once you submit a transaction to the crypto network, it can't be cancelled or reversed. Double-check the receiving address before submitting a Lido Staked Ether purchase order or moving Lido Staked Ether off an exchange. One good way to do this is to verify the first and last four digits of the wallet address before sending. There is no way to refund Lido Staked Ether sent to the wrong address.
  • Regulatory uncertainty: The regulatory environment for Lido Staked Ether and other cryptocurrencies is constantly changing. It's important to understand how international rulings have the potential to impact Lido Staked Ether's future—for better or worse.

Where to store your Lido Staked Ether once you buy it

There are two main options for storing Lido Staked Ether once you've bought it—keeping it on an exchange, or storing it in your own personal wallet. Take a look at our full guide to the best crypto wallets in Canada to see our top picks.

While it can be more convenient to leave your Lido Staked Ether on an exchange, that opens you up to risk in the event the exchange is hacked or compromised in another way.

It's generally much safer to store your any crypto you own on a software or hardware wallet, which gives you full control and custody of your coins.

How is Lido Staked Ether taxed in Canada?

Like all crypto, Lido Staked Ether is considered a commodity for tax purposes by the Canada Revenue Agency (CRA). That means it will be taxed similarly to how other investments, like stocks and ETFs, are.

Money you get from selling Lido Staked Ether can be treated as income or as a capital gain. That said, the CRA will tax crypto profits differently if you're a casual Lido Staked Ether buyer as opposed to whether your crypto profits are classified as business income.

You can learn more about how crypto taxes work in our full guide to crypto tax in Canada.

Bottom line

Keep in mind that buying Lido Staked Ether can be risky. But if you decide to invest in Lido Staked Ether, look for a regulated crypto exchange in Canada that supports STETH and make sure to store your crypto securely.

Once you've bought Lido Staked Ether, think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on Lido Staked Ether's price over time to help decide whether to keep it on an exchange, sell it or move it to your wallet.

Frequently asked questions about buying Lido Staked Ether in Canada

Sources

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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