How to Lend Oraichain (ORAI): A Step-by-Step Guide for Canadians

Introduction to Cryptocurrency in Canada

Lending Oraichain can be an excellent choice for Canadians looking to hold ORAI 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 Oraichain (ORAI) Tokens in Canada
To lend Oraichain in Canada, you first need to acquire it. To obtain Oraichain, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
Platform Coin Cost
Uphold Oraichain (ORAI) 2.97
Bake Oraichain (ORAI) 0.65
Bitget Oraichain (ORAI) 0.74
Bitpanda Oraichain (ORAI) 10.03
CoinEx Oraichain (ORAI) 0.65
Crypto.com Oraichain (ORAI) 0.65
See all 17 prices in Canada
2. Choose a Oraichain Lender in Canada
Once you have ORAI, you'll need to choose a Oraichain lending platform to lend your tokens. You can explore some options available in Canada here.
Platform Coin APY
Kucoin Oraichain (ORAI) Up to 15% APY in Canada
3. Lend Your Oraichain in Canada
Once you've selected a platform to lend your Oraichain, transfer your Oraichain 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
Uphold	Oraichain (ORAI)	2.97
Bake	Oraichain (ORAI)	0.65
Bitget	Oraichain (ORAI)	0.74
Bitpanda	Oraichain (ORAI)	10.03
CoinEx	Oraichain (ORAI)	0.65
Crypto.com	Oraichain (ORAI)	0.65

Platform	Coin	APY
Kucoin	Oraichain (ORAI)	Up to 15% 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.