How to Lend ConstitutionDAO (PEOPLE): A Step-by-Step Guide for Canadians

Introduction to Cryptocurrency in Canada

Lending ConstitutionDAO can be an excellent choice for Canadians looking to hold PEOPLE 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 ConstitutionDAO (PEOPLE) Tokens in Canada

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

Platform	Coin	Cost
PrimeXBT	ConstitutionDAO (PEOPLE)	0.01
YouHodler	ConstitutionDAO (PEOPLE)	0.01
Binance	ConstitutionDAO (PEOPLE)	0.01
OKX	ConstitutionDAO (PEOPLE)	0.02
BingX	ConstitutionDAO (PEOPLE)	0.01
Bitget	ConstitutionDAO (PEOPLE)	0.01

See all 27 prices in Canada

2. Choose a ConstitutionDAO Lender in Canada
Once you have PEOPLE, you'll need to choose a ConstitutionDAO lending platform to lend your tokens. You can explore some options available in Canada here.
Platform Coin APY
YouHodler ConstitutionDAO (PEOPLE) Up to 30% APY in Canada
3. Lend Your ConstitutionDAO in Canada
Once you've selected a platform to lend your ConstitutionDAO, transfer your ConstitutionDAO 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	APY
YouHodler	ConstitutionDAO (PEOPLE)	Up to 30% 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.