How to Lend Blast (BLAST): A Step-by-Step Guide for Canadians

Introduction to Cryptocurrency in Canada

Lending Blast can be an excellent choice for Canadians looking to hold BLAST 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 Blast (BLAST) Tokens in Canada
To lend Blast in Canada, you first need to acquire it. To obtain Blast, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
Platform Coin Cost
BTSE Blast (BLAST) 0
Coinbase Blast (BLAST) 0.00072
Uphold Blast (BLAST) 0
BingX Blast (BLAST) 0.00072
Bitfinex Blast (BLAST) 0
Bitmart Blast (BLAST) 0.00072
See all 29 prices in Canada
2. Choose a Blast Lender in Canada
Once you have BLAST, you'll need to choose a Blast lending platform to lend your tokens. You can explore some options available in Canada here.
Platform Coin APY
Kucoin Blast (BLAST) Up to 0.5% APY in Canada
3. Lend Your Blast in Canada
Once you've selected a platform to lend your Blast, transfer your Blast 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.
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 lending platform that offers compounding interest to maximise your returns.

Platform	Coin	Cost
BTSE	Blast (BLAST)	0
Coinbase	Blast (BLAST)	0.00072
Uphold	Blast (BLAST)	0
BingX	Blast (BLAST)	0.00072
Bitfinex	Blast (BLAST)	0
Bitmart	Blast (BLAST)	0.00072

Platform	Coin	APY
Kucoin	Blast (BLAST)	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.