Earn up to
12% APY in Canada
An in-depth guide on how to lend Bancor Network (BNT) in Canada
We have a wealth of information on lending Bancor Network (BNT) and we are excited to share some of this with you.
We present you with various lending options featuring other cryptocurrencies that may pique your interest.
Bancor Network (BNT) is currently priced at US$12 with a 24-hour trading volume of US$1.78M. The market cap of Bancor Network stands at US$76.66M, with 119.15M BNT in circulation. For those looking to buy or trade Bancor Network, YouHodler offers avenues to do so securely and efficiently
Lending Bancor Network can be an excellent choice for Canadians looking to hold BNT 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 Bancor Network in Canada, you first need to acquire it. To obtain Bancor Network, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
Once you have BNT, you'll need to choose a Bancor Network lending platform to lend your tokens. You can explore some options available in Canada here.
| Platform | Coin | APY |
|---|---|---|
| YouHodler | Bancor Network (BNT) | Up to 12% APY in Canada |
| Gemini | Bancor Network (BNT) | Up to 0.01% APY in Canada |
Once you've selected a platform to lend your Bancor Network, transfer your Bancor Network into your wallet on the lending platform. Once it's deposited, it will begin to earn APY. 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 lending platform that offers compounding interest to maximise 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.
BNT
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
LINK
SOL
STETH
TRX
USDC
