Introduction to Cryptocurrency in Canada
Lending Manta Network can be an excellent choice for Canadians looking to hold MANTA 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 Manta Network (MANTA) Tokens in Canada
To lend Manta Network in Canada, you first need to acquire it. To obtain Manta Network, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
2. Choose a Manta Network Lender in Canada
Once you have MANTA, you'll need to choose a Manta Network lending platform to lend your tokens. You can explore some options available in Canada here.
Platform Coin APY Bitget Manta Network (MANTA) Up to 0.5% APY in Canada Kucoin Manta Network (MANTA) Up to 0.5% APY in Canada 3. Lend Your Manta Network in Canada
Once you've selected a platform to lend your Manta Network, transfer your Manta 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.
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.
Latest Movements in Canada
Manta Network (MANTA) is currently priced at US$0.5 with a 24-hour trading volume of US$31.72M. The market cap of Manta Network stands at US$305.35M, with 385.54M MANTA in circulation. For those looking to buy or trade Manta Network, Kucoin offers avenues to do so securely and efficiently
- Market capitalization
- US$305.35M
- 24h trading volume
- US$31.72M
- Circulating supply in Canada
- 385.54M MANTA