How to Lend Fasttoken (FTN): A Step-by-Step Guide for Canadians

Introduction to Cryptocurrency in Canada

Lending Fasttoken can be an excellent choice for Canadians looking to hold FTN 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 Fasttoken (FTN) Tokens in Canada
To lend Fasttoken in Canada, you first need to acquire it. To obtain Fasttoken, you'll need to purchase it from one of these popular exchanges available in the Canadian market.
Platform Coin Cost
BingX Fasttoken (FTN) 0.42
Bitget Fasttoken (FTN) 4.52
Bitmart Fasttoken (FTN) 1.68
Bybit Fasttoken (FTN) 4.46
Gate.io Fasttoken (FTN) 0.41
MEXC Global Fasttoken (FTN) 0.49
See all 13 prices in Canada
2. Choose a Fasttoken Lender in Canada
Once you have FTN, you'll need to choose a Fasttoken lending platform to lend your tokens. You can explore some options available in Canada here.
Platform Coin APY
Bitget Fasttoken (FTN) Up to 1% APY in Canada
3. Lend Your Fasttoken in Canada
Once you've selected a platform to lend your Fasttoken, transfer your Fasttoken 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.

Platform	Coin	Cost
BingX	Fasttoken (FTN)	0.42
Bitget	Fasttoken (FTN)	4.52
Bitmart	Fasttoken (FTN)	1.68
Bybit	Fasttoken (FTN)	4.46
Gate.io	Fasttoken (FTN)	0.41
MEXC Global	Fasttoken (FTN)	0.49

Platform	Coin	APY
Bitget	Fasttoken (FTN)	Up to 1% APY in Canada

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.