Latest Movements in Canada
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- Market capitalization
- US$5.8B
- 24h trading volume
- US$115.26M
- Circulating supply in Canada
- 5.8B USDE
Earn up to
50.94% APY in Canada
An in-depth guide on how to earn Ethena USDe (USDE) in Canada
We have a wealth of information on earning Ethena USDe (USDE), and we're excited to share some of this with you.
We present you with various earning options using other cryptocurrencies that may pique your interest.
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Lending Ethena USDe can be an excellent choice for Canadians looking to hold USDE 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.
To lend Ethena USDe in Canada, you first need to acquire it. To obtain Ethena USDe, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
Once you have USDE, you'll need to choose a Ethena USDe lending platform to lend your tokens. You can explore some options available in Canada here.
| Platform | Coin | APY |
|---|---|---|
| Aave | Ethena USDe (USDE) | Up to 3.94% APY in Canada |
| Bitget | Ethena USDe (USDE) | Up to 25% APY in Canada |
| Compound | Ethena USDe (USDE) | Up to 1.98% APY in Canada |
| Kucoin | Ethena USDe (USDE) | Up to 5% APY in Canada |
| MEXC Global | Ethena USDe (USDE) | Up to 5% APY in Canada |
Once you've selected a platform to earn your Ethena USDe, transfer your Ethena USDe 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.
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.
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.