Where and How to Earn Ethereum Classic (ETC)

Introduction to Cryptocurrency in Canada

Lending Ethereum Classic can be an excellent choice for Canadians looking to hold ETC 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 Ethereum Classic (ETC) Tokens in Canada

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

   Platform	Coin	Cost
   Nexo	Ethereum Classic (ETC)	12.38
   PrimeXBT	Ethereum Classic (ETC)	12.38
   Binance	Ethereum Classic (ETC)	12.39
   Coinbase	Ethereum Classic (ETC)	12.39
   Kraken	Ethereum Classic (ETC)	12.39
   OKX	Ethereum Classic (ETC)	20.9

   See all 54 prices in Canada

2. 2. Choose a Ethereum Classic Lender in Canada

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

   Platform	Coin	APY
   Blockchain.com	Ethereum Classic (ETC)	Up to 1% APY in Canada
   Kucoin	Ethereum Classic (ETC)	Up to 0.19% APY in Canada

   See all 4 lending rates in Canada

3. 3. Earn Ethereum Classic in Canada

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