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Introduction to Cryptocurrency in Canada

Lending Chiliz can be an excellent choice for Canadians looking to hold CHZ 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 Chiliz (CHZ) Tokens in Canada

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

   Platform	Coin	Cost
   Nexo	Chiliz (CHZ)	0.04
   PrimeXBT	Chiliz (CHZ)	0.04
   Binance	Chiliz (CHZ)	0.04
   BTSE	Chiliz (CHZ)	0.04
   Coinbase	Chiliz (CHZ)	0.04
   Kraken	Chiliz (CHZ)	0.04

   See all 68 prices in Canada

2. 2. Choose a Chiliz Lender in Canada

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

   Platform	Coin	APY
   Blockchain.com	Chiliz (CHZ)	Up to 1% APY in Canada

   See all 6 lending rates in Canada

3. 3. Earn Chiliz in Canada

   Once you've selected a platform to earn your Chiliz, transfer your Chiliz 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.