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Introduction to Cryptocurrency in Canada

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

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

   Platform	Coin	Cost
   OKX	LooksRare (LOOKS)	0.02
   BingX	LooksRare (LOOKS)	0
   Bitget	LooksRare (LOOKS)	0
   Bitmart	LooksRare (LOOKS)	0
   Bitpanda	LooksRare (LOOKS)	0.06
   Bybit	LooksRare (LOOKS)	0.01

   See all 24 prices in Canada

2. 2. Choose a LooksRare Lender in Canada

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

   Platform	Coin	APY
   Kucoin	LooksRare (LOOKS)	Up to 0.26% APY in Canada

3. 3. Earn LooksRare in Canada

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