How to Lend The Graph (GRT) in Canada

Introduction to Cryptocurrency in Canada

Lending The Graph can be an excellent choice for Canadians looking to hold GRT 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 The Graph (GRT) Tokens in Canada

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

   Platform	Coin	Cost
   Nexo	The Graph (GRT)	0.04
   PrimeXBT	The Graph (GRT)	0.04
   YouHodler	The Graph (GRT)	0.04
   Binance	The Graph (GRT)	0.04
   BTSE	The Graph (GRT)	0.04
   Coinbase	The Graph (GRT)	0.04

   See all 70 prices in Canada

2. 2. Choose a The Graph Lender in Canada

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

   Platform	Coin	APY
   Nexo	The Graph (GRT)	Up to 5% APY in Canada
   YouHodler	The Graph (GRT)	Up to 16% APY in Canada

   See all 9 lending rates in Canada

3. 3. Lend Your The Graph in Canada

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