missing en-ca translation: how-to.verb.earn.hero.heading

Introduction to Cryptocurrency in Canada

Lending 1inch can be an excellent choice for Canadians looking to hold 1INCH while earning a yield. The process may seem a bit overwhelming, particularly for first-time users. That’s why we’ve created this guide specifically for you.

Step-by-Step Guide for Canadians

1. 1. Acquire 1inch (1INCH) Tokens in Canada

   To lend 1inch in Canada, you first need to acquire it. To obtain 1inch, you'll need to purchase it from one of these popular exchanges available in the Canadian market.

   Platform	Coin	Cost
   Nexo	1inch (1INCH)	0.15
   PrimeXBT	1inch (1INCH)	0.15
   YouHodler	1inch (1INCH)	0.15
   Binance	1inch (1INCH)	0.15
   BTSE	1inch (1INCH)	0.15
   Coinbase	1inch (1INCH)	0.15

   See all 61 prices in Canada

2. 2. Choose a 1inch Lender in Canada

   Once you have 1INCH, you'll need to choose a 1inch lending platform to lend your tokens. You can explore some options available in Canada here.

   Platform	Coin	APY
   Nebeus	1inch (1INCH)	Up to 13% APY in Canada
   YouHodler	1inch (1INCH)	Up to 12% APY in Canada
   Aave	1inch (1INCH)	Up to 0.09% APY in Canada

   See all 9 lending rates in Canada

3. 3. Earn 1inch in Canada

   Once you've selected a platform to earn your 1inch, transfer your 1inch into your wallet on the earning platform. Once it's deposited, it will begin to earn interest. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest in Canada

   Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Be sure to choose a Canadian earning platform that pays compounding interest to maximize your returns.

What Canadians Should Be Aware Of

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.