Earn up to
0.12% APY in Canada
An in-depth guide on how to lend MAI (mai) in Canada
We have a wealth of information on lending MAI (mai) and we are excited to share some of this with you.
We present you with various lending options featuring other cryptocurrencies that may pique your interest.
MAI (mai) is currently priced at US$0.12 with a 24-hour trading volume of US$15,033.73. The market cap of MAI stands at US$13,771.06, with 150M mai in circulation. For those looking to buy or trade MAI, Aave offers avenues to do so securely and efficiently
Lending MAI can be an excellent choice for Canadians looking to hold mai 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.
To lend MAI in Canada, you first need to acquire it. To obtain MAI, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
| Platform | Coin | Cost |
|---|---|---|
| Bitget | MAI (mai) | 0.000018 |
| MEXC Global | MAI (mai) | 0.000078 |
Once you have mai, you'll need to choose a MAI lending platform to lend your tokens. You can explore some options available in Canada here.
Once you've selected a platform to lend your MAI, transfer your MAI 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.
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.
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.
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