Where and How to Earn Ethereum Name Service (ENS)

Introduction to Cryptocurrency in Canada

Lending Ethereum Name Service can be an excellent choice for Canadians looking to hold ENS 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 Name Service (ENS) Tokens in Canada

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

   Platform	Coin	Cost
   PrimeXBT	Ethereum Name Service (ENS)	10.29
   Binance	Ethereum Name Service (ENS)	10.3
   BTSE	Ethereum Name Service (ENS)	10.29
   Coinbase	Ethereum Name Service (ENS)	10.28
   Kraken	Ethereum Name Service (ENS)	10.28
   OKX	Ethereum Name Service (ENS)	24.74

   See all 62 prices in Canada

2. 2. Choose a Ethereum Name Service Lender in Canada

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

   Platform	Coin	APY
   Aave	Ethereum Name Service (ENS)	Up to 0.02% APY in Canada
   Kucoin	Ethereum Name Service (ENS)	Up to 0.5% APY in Canada

   See all 4 lending rates in Canada

3. 3. Earn Ethereum Name Service in Canada

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