How to Lend RatsBase (RATS) in Canada

Introduction to Cryptocurrency in Canada

Lending RatsBase can be an excellent choice for Canadians looking to hold RATS 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. 1. Acquire RatsBase (RATS) Tokens in Canada

   To lend RatsBase in Canada, you first need to acquire it. To obtain RatsBase, you'll need to purchase it from one of these popular exchanges available in the Canadian market.

   Platform	Coin	Cost
   BTSE	RatsBase (RATS)	0.00005647
   CoinEx	RatsBase (RATS)	0.00005528
   Gate.io	RatsBase (RATS)	0.00005651
   Hotcoin	RatsBase (RATS)	0.00005642
   HTX	RatsBase (RATS)	0.00005647
   Kucoin	RatsBase (RATS)	0.00005657

   See all 16 prices in Canada

2. 2. Choose a RatsBase Lender in Canada

   Once you have RATS, you'll need to choose a RatsBase lending platform to lend your tokens. You can explore some options available in Canada here.

   Platform	Coin	APY
   Kucoin	RatsBase (RATS)	Up to 0.5% APY in Canada

3. 3. Lend Your RatsBase in Canada

   Once you've selected a platform to lend your RatsBase, transfer your RatsBase 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. 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.