How to Lend Metis (METIS): A Step-by-Step Guide for Canadians

Introduction to Cryptocurrency in Canada

Lending Metis can be an excellent choice for Canadians looking to hold METIS 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 Metis (METIS) Tokens in Canada
To lend Metis in Canada, you first need to acquire it. To obtain Metis, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
Platform Coin Cost
Binance Metis (METIS) 5.42
BTSE Metis (METIS) 5.4
Coinbase Metis (METIS) 5.39
Kraken Metis (METIS) 5.42
OKX Metis (METIS) 17.86
Uphold Metis (METIS) 18.62
See all 41 prices in Canada
2. Choose a Metis Lender in Canada
Once you have METIS, you'll need to choose a Metis lending platform to lend your tokens. You can explore some options available in Canada here.
Platform Coin APY
Aave Metis (METIS) Up to 0.02% APY in Canada
Kucoin Metis (METIS) Up to 0.28% APY in Canada
See all 4 lending rates in Canada
3. Lend Your Metis in Canada
Once you've selected a platform to lend your Metis, transfer your Metis 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	Metis (METIS)	5.42
BTSE	Metis (METIS)	5.4
Coinbase	Metis (METIS)	5.39
Kraken	Metis (METIS)	5.42
OKX	Metis (METIS)	17.86
Uphold	Metis (METIS)	18.62

Platform	Coin	APY
Aave	Metis (METIS)	Up to 0.02% APY in Canada
Kucoin	Metis (METIS)	Up to 0.28% 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.