How to Lend Gains Network (GNS): A Step-by-Step Guide for Canadians

Introduction to Cryptocurrency in Canada

Lending Gains Network can be an excellent choice for Canadians looking to hold GNS 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 Gains Network (GNS) Tokens in Canada
To lend Gains Network in Canada, you first need to acquire it. To obtain Gains Network, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
Platform Coin Cost
Binance Gains Network (GNS) 1.26
Uphold Gains Network (GNS) 1.19
Azbit Gains Network (GNS) 0
BingX Gains Network (GNS) 1.26
Bitget Gains Network (GNS) 1.26
Bitmart Gains Network (GNS) 1.27
See all 27 prices in Canada
2. Choose a Gains Network Lender in Canada
Once you have GNS, you'll need to choose a Gains Network lending platform to lend your tokens. You can explore some options available in Canada here.
Platform Coin APY
Bitget Gains Network (GNS) Up to 3% APY in Canada
Kucoin Gains Network (GNS) Up to 0.5% APY in Canada
3. Lend Your Gains Network in Canada
Once you've selected a platform to lend your Gains Network, transfer your Gains 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.
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
Binance	Gains Network (GNS)	1.26
Uphold	Gains Network (GNS)	1.19
Azbit	Gains Network (GNS)	0
BingX	Gains Network (GNS)	1.26
Bitget	Gains Network (GNS)	1.26
Bitmart	Gains Network (GNS)	1.27

Platform	Coin	APY
Bitget	Gains Network (GNS)	Up to 3% APY in Canada
Kucoin	Gains Network (GNS)	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.