How to Earn Injective (INJ): A Step-by-Step Guide for Canadians

Introduction to Cryptocurrency in Canada

Lending Injective can be an excellent choice for Canadians looking to hold INJ 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 Injective (INJ) Tokens in Canada
To lend Injective in Canada, you first need to acquire it. To obtain Injective, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
Platform Coin Cost
PrimeXBT Injective (INJ) 4.71
YouHodler Injective (INJ) 4.7
Binance Injective (INJ) 4.7
BTSE Injective (INJ) 4.71
Coinbase Injective (INJ) 4.7
See all 63 prices in Canada
2. Choose a Injective Lender in Canada
Once you have INJ, you'll need to choose a Injective lending platform to lend your tokens. You can explore some options available in Canada here.
Platform Coin APY
Nexo Injective (INJ) Up to 9% APY in Canada
YouHodler Injective (INJ) Up to 16% APY in Canada
Gemini Injective (INJ) Up to 0.01% APY in Canada
See all 7 lending rates in Canada
3. Earn Injective in Canada
Once you've selected a platform to earn your Injective, transfer your Injective 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.

Platform	Coin	Cost
PrimeXBT	Injective (INJ)	4.71
YouHodler	Injective (INJ)	4.7
Binance	Injective (INJ)	4.7
BTSE	Injective (INJ)	4.71
Coinbase	Injective (INJ)	4.7

Platform	Coin	APY
Nexo	Injective (INJ)	Up to 9% APY in Canada
YouHodler	Injective (INJ)	Up to 16% APY in Canada
Gemini	Injective (INJ)	Up to 0.01% APY in Canada

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.