How to Lend LightLink (LL): A Step-by-Step Guide for Canadians

Introduction to Cryptocurrency in Canada

Lending LightLink can be an excellent choice for Canadians looking to hold LL 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 LightLink (LL) Tokens in Canada
To lend LightLink in Canada, you first need to acquire it. To obtain LightLink, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
Platform Coin Cost
Bitpanda LightLink (LL) 0.05
CoinEx LightLink (LL) 0.01
Gate.io LightLink (LL) 0.01
Kucoin LightLink (LL) 0.01
MEXC Global LightLink (LL) 0.01
See all 9 prices in Canada
2. Choose a LightLink Lender in Canada
Once you have LL, you'll need to choose a LightLink lending platform to lend your tokens. You can explore some options available in Canada here.
Platform Coin APY
Kucoin LightLink (LL) Up to 100% APY in Canada
3. Lend Your LightLink in Canada
Once you've selected a platform to lend your LightLink, transfer your LightLink 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
Bitpanda	LightLink (LL)	0.05
CoinEx	LightLink (LL)	0.01
Gate.io	LightLink (LL)	0.01
Kucoin	LightLink (LL)	0.01
MEXC Global	LightLink (LL)	0.01

Platform	Coin	APY
Kucoin	LightLink (LL)	Up to 100% 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.