Introduction to Cryptocurrency in Canada
Lending Augur can be an excellent choice for Canadians looking to hold REP 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. Acquire Augur (REP) Tokens in Canada
To lend Augur in Canada, you first need to acquire it. To obtain Augur, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
See all 11 prices in CanadaPlatform Coin Cost Kraken Augur (REP) 0.99 Binance Augur (REP) 4.73 Coinbase Augur (REP) 0.68 BingX Augur (REP) 1.2 Bitpanda Augur (REP) 0.68 2. Choose a Augur Lender in Canada
Once you have REP, you'll need to choose a Augur lending platform to lend your tokens. You can explore some options available in Canada here.
Platform Coin APY YouHodler Augur (REP) Up to 12% APY in Canada 3. Earn Augur in Canada
Once you've selected a platform to earn your Augur, transfer your Augur 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. 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.
Latest Movements in Canada
Augur (REP) is currently priced at US$12 with a 24-hour trading volume of US$137,664. The market cap of Augur stands at US$5.06M, with 8.04M REP in circulation. For those looking to buy or trade Augur, YouHodler offers avenues to do so securely and efficiently
- Market capitalization
- US$5.06M
- 24h trading volume
- US$137,664
- Circulating supply in Canada
- 8.04M REP