Earn up to
1.31% APY in Canada
An in-depth guide on how to earn Scorum Coin (SCR) in Canada
We have a wealth of information on earning Scorum Coin (SCR), and we're excited to share some of this with you.
We present you with various earning options using other cryptocurrencies that may pique your interest.
Scorum Coin (SCR) is currently priced at US$1.31 with a 24-hour trading volume of US$493.72. The market cap of Scorum Coin stands at US$224,344, with 9.49M SCR in circulation. For those looking to buy or trade Scorum Coin, Kucoin offers avenues to do so securely and efficiently
Lending Scorum Coin can be an excellent choice for Canadians looking to hold SCR 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.
To lend Scorum Coin in Canada, you first need to acquire it. To obtain Scorum Coin, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
| Platform | Coin | Cost |
|---|---|---|
| BTSE | Scorum Coin (SCR) | 0.08 |
| Kucoin | Scorum Coin (SCR) | 0.08 |
Once you have SCR, you'll need to choose a Scorum Coin lending platform to lend your tokens. You can explore some options available in Canada here.
| Platform | Coin | APY |
|---|---|---|
| Kucoin | Scorum Coin (SCR) | Up to 1.31% APY in Canada |
Once you've selected a platform to earn your Scorum Coin, transfer your Scorum Coin 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.
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.
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.
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