Where and How to Lend Cosmos (ATOM)

Introduction

Lending Cosmos can be a great option for those who want to hold ATOM but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Cosmos (ATOM) Tokens

   In order to lend Cosmos, you need to have it. To obtain Cosmos, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Cosmos (ATOM)	3.94
   Bitpanda	Cosmos (ATOM)	3.97
   Uphold	Cosmos (ATOM)	3.96
   Kraken	Cosmos (ATOM)	3.93
   OKX	Cosmos (ATOM)	3.96
   YouHodler	Cosmos (ATOM)	3.97

   See all 26 prices

2. 2. Choose a Cosmos Lender

   Once you have ATOM, you’ll need to choose a Cosmos lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Nexo	Cosmos (ATOM)	Up to 11.00 APY
   YouHodler	Cosmos (ATOM)	Up to 16.00 APY
   Bitget	Cosmos (ATOM)	Up to 9.00 APY
   Kucoin	Cosmos (ATOM)	Up to 1.00 APY

   See all 8 lending rates

3. 3. Lend Your Cosmos

   Once you’ve chosen a platform to lending your Cosmos, transfer your Cosmos into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.