Where and How to Earn The Root Network (ROOT) in Canada

Introduction to Cryptocurrency in Canada

Lending The Root Network can be an excellent choice for Canadians looking to hold ROOT 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 Root Network (ROOT) Tokens in Canada

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

   Platform	Coin	Cost
   Uphold	The Root Network (ROOT)	0.01
   Bitget	The Root Network (ROOT)	0
   Bitmart	The Root Network (ROOT)	0
   CoinEx	The Root Network (ROOT)	0
   Gate.io	The Root Network (ROOT)	0
   Hotcoin	The Root Network (ROOT)	0.03

   See all 15 prices in Canada

2. 2. Choose a The Root Network Lender in Canada

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

   Platform	Coin	APY
   Kucoin	The Root Network (ROOT)	Up to 100% APY in Canada

3. 3. Earn The Root Network in Canada

   Once you've selected a platform to earn your The Root Network, transfer your The Root Network into your wallet on the earning platform. Once it's deposited, it will begin to earn interest. 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 Canadian earning platform that pays compounding interest to maximize 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.