Introduction to Cryptocurrency in Canada
Lending Wild Coin can be an excellent choice for Canadians looking to hold WLD 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 Wild Coin (WLD) Tokens in Canada
To lend Wild Coin in Canada, you first need to acquire it. To obtain Wild Coin, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
See all 23 prices in CanadaPlatform Coin Cost YouHodler Wild Coin (WLD) 0.98 Binance Wild Coin (WLD) 0.98 BTSE Wild Coin (WLD) 0.98 Kraken Wild Coin (WLD) 0.98 OKX Wild Coin (WLD) 0.99 Azbit Wild Coin (WLD) 0.98 2. Choose a Wild Coin Lender in Canada
Once you have WLD, you'll need to choose a Wild Coin lending platform to lend your tokens. You can explore some options available in Canada here.
See all 4 lending rates in CanadaPlatform Coin APY YouHodler Wild Coin (WLD) Up to 16% APY in Canada Kucoin Wild Coin (WLD) Up to 0.5% APY in Canada 3. Lend Your Wild Coin in Canada
Once you've selected a platform to lend your Wild Coin, transfer your Wild Coin 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
Wild Coin (WLD) is currently priced at US$16. For those looking to buy or trade Wild Coin, YouHodler offers avenues to do so securely and efficiently