How to Lend BlockGames (BLOCK): A Step-by-Step Guide for Canadians

Introduction to Cryptocurrency in Canada

Lending BlockGames can be an excellent choice for Canadians looking to hold BLOCK 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 BlockGames (BLOCK) Tokens in Canada
To lend BlockGames in Canada, you first need to acquire it. To obtain BlockGames, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
Platform Coin Cost
CoinEx BlockGames (BLOCK) 0.0005756
Kucoin BlockGames (BLOCK) 0.000306
MEXC Global BlockGames (BLOCK) 0.01
See all 6 prices in Canada
2. Choose a BlockGames Lender in Canada
Once you have BLOCK, you'll need to choose a BlockGames lending platform to lend your tokens. You can explore some options available in Canada here.
Platform Coin APY
Kucoin BlockGames (BLOCK) Up to 0.5% APY in Canada
3. Lend Your BlockGames in Canada
Once you've selected a platform to lend your BlockGames, transfer your BlockGames 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
CoinEx	BlockGames (BLOCK)	0.0005756
Kucoin	BlockGames (BLOCK)	0.000306
MEXC Global	BlockGames (BLOCK)	0.01

Platform	Coin	APY
Kucoin	BlockGames (BLOCK)	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.