Where and How to Earn PAX Gold (PAXG) in Canada

Introduction to Cryptocurrency in Canada

Lending PAX Gold can be an excellent choice for Canadians looking to hold PAXG 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 PAX Gold (PAXG) Tokens in Canada

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

   Platform	Coin	Cost
   Nexo	PAX Gold (PAXG)	3,548.51
   YouHodler	PAX Gold (PAXG)	3,549.54
   Binance	PAX Gold (PAXG)	3,549.2
   Coinbase	PAX Gold (PAXG)	3,551.69
   Kraken	PAX Gold (PAXG)	3,554.79
   Luno	PAX Gold (PAXG)	3,661

   See all 44 prices in Canada

2. 2. Choose a PAX Gold Lender in Canada

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

   Platform	Coin	APY
   Nexo	PAX Gold (PAXG)	Up to 7% APY in Canada
   YouHodler	PAX Gold (PAXG)	Up to 12% APY in Canada
   Gemini	PAX Gold (PAXG)	Up to 0.01% APY in Canada
   Kucoin	PAX Gold (PAXG)	Up to 0.36% APY in Canada

   See all 7 lending rates in Canada

3. 3. Earn PAX Gold in Canada

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