Latest Movements in Canada
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- Market capitalization
- US$535.05M
- 24h trading volume
- US$14.25M
- Circulating supply in Canada
- 199,956.7 PAXG
Earn up to
7% APY in Canada
An in-depth guide on how to lend PAX Gold (PAXG) in Canada
We have a wealth of information on lending PAX Gold (PAXG) 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.
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Lending PAX Gold can be an excellent choice for Canadians looking to hold PAXG 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 PAX Gold in Canada, you first need to acquire it. To obtain PAX Gold, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
| Platform | Coin | Cost |
|---|---|---|
| Nexo | PAX Gold (PAXG) | 4,462.41 |
| PrimeXBT | PAX Gold (PAXG) | 4,460.94 |
| YouHodler | PAX Gold (PAXG) | 4,462.41 |
| Binance | PAX Gold (PAXG) | 4,462.41 |
| Coinbase | PAX Gold (PAXG) | 4,458.1 |
| Kraken | PAX Gold (PAXG) | 4,458 |
Once you have PAXG, you'll need to choose a PAX Gold lending platform to lend your tokens. You can explore some options available in Canada here.
| Platform | Coin | APY |
|---|---|---|
| Nexo | PAX Gold (PAXG) | Up to 7% APY in Canada |
| YouHodler | PAX Gold (PAXG) | Up to 12% APY in Canada |
| Gemini | PAX Gold (PAXG) | Up to 0.01% APY in Canada |
| Kucoin | PAX Gold (PAXG) | Up to 0.19% APY in Canada |
Once you've selected a platform to lend your PAX Gold, transfer your PAX Gold 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.