Introduction to Cryptocurrency in Canada
Lending Truebit Protocol can be an excellent choice for Canadians looking to hold TRU 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 Truebit Protocol (TRU) Tokens in Canada
To lend Truebit Protocol in Canada, you first need to acquire it. To obtain Truebit Protocol, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
2. Choose a Truebit Protocol Lender in Canada
Once you have TRU, you'll need to choose a Truebit Protocol lending platform to lend your tokens. You can explore some options available in Canada here.
Platform Coin APY Kucoin Truebit Protocol (TRU) Up to 0.5% APY in Canada 3. Lend Your Truebit Protocol in Canada
Once you've selected a platform to lend your Truebit Protocol, transfer your Truebit Protocol 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.
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.
Latest Movements in Canada
missing en-ca translation: common.latest-movements-copy
- 24h trading volume
- US$131,148
TRU
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
LINK
SOL
STETH
TRX
USDC
