How to Lend Step App (FITFI) in Canada

Introduction to Cryptocurrency in Canada

Lending Step App can be an excellent choice for Canadians looking to hold FITFI 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 Step App (FITFI) Tokens in Canada

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

   Platform	Coin	Cost
   BingX	Step App (FITFI)	0
   Bitget	Step App (FITFI)	0
   Bitmart	Step App (FITFI)	0
   CoinEx	Step App (FITFI)	0.0008723
   Crypto.com	Step App (FITFI)	0.0008822
   Gate.io	Step App (FITFI)	0.000873

   See all 18 prices in Canada

2. 2. Choose a Step App Lender in Canada

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

   Platform	Coin	APY
   Kucoin	Step App (FITFI)	Up to 0.5% APY in Canada

3. 3. Lend Your Step App in Canada

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