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Introduction to Cryptocurrency in Canada

Lending The Sandbox can be an excellent choice for Canadians looking to hold SAND 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 The Sandbox (SAND) Tokens in Canada

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

   Platform	Coin	Cost
   Nexo	The Sandbox (SAND)	0.12
   PrimeXBT	The Sandbox (SAND)	0.12
   YouHodler	The Sandbox (SAND)	0.12
   Binance	The Sandbox (SAND)	0.12
   BTSE	The Sandbox (SAND)	0.12
   Coinbase	The Sandbox (SAND)	0.12

   See all 65 prices in Canada

2. 2. Choose a The Sandbox Lender in Canada

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

   Platform	Coin	APY
   YouHodler	The Sandbox (SAND)	Up to 12% APY in Canada
   Bitget	The Sandbox (SAND)	Up to 2.8% APY in Canada

   See all 7 lending rates in Canada

3. 3. Earn The Sandbox in Canada

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