How to Earn Metal DAO (MTL): A Step-by-Step Guide for Canadians

Introduction to Cryptocurrency in Canada

Lending Metal DAO can be an excellent choice for Canadians looking to hold MTL 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 Metal DAO (MTL) Tokens in Canada
To lend Metal DAO in Canada, you first need to acquire it. To obtain Metal DAO, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
Platform Coin Cost
PrimeXBT Metal DAO (MTL) 0.39
Binance Metal DAO (MTL) 0.39
Coinbase Metal DAO (MTL) 1.46
Uphold Metal DAO (MTL) 0.77
BingX Metal DAO (MTL) 0.39
Bitget Metal DAO (MTL) 0.39
See all 25 prices in Canada
2. Choose a Metal DAO Lender in Canada
Once you have MTL, you'll need to choose a Metal DAO lending platform to lend your tokens. You can explore some options available in Canada here.
Platform Coin APY
Kucoin Metal DAO (MTL) Up to 0.5% APY in Canada
3. Earn Metal DAO in Canada
Once you've selected a platform to earn your Metal DAO, transfer your Metal DAO 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	Metal DAO (MTL)	0.39
Binance	Metal DAO (MTL)	0.39
Coinbase	Metal DAO (MTL)	1.46
Uphold	Metal DAO (MTL)	0.77
BingX	Metal DAO (MTL)	0.39
Bitget	Metal DAO (MTL)	0.39

Platform	Coin	APY
Kucoin	Metal DAO (MTL)	Up to 0.5% 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.