Introduction
Lending Cosmos Hub can be a great option for those who want to hold ATOM while earning yield. The steps may seem a bit daunting, especially the first time you do them. That's why we've put this guide together for you.
Step-by-Step Guide
1. Obtain Cosmos Hub (ATOM) tokens
To lend Cosmos Hub, you need to possess it. To acquire Cosmos Hub, you'll need to buy it. You can select from these popular exchanges.
See all 69 pricesPlatform Coin Cost Nexo Cosmos Hub (ATOM) 2.55 PrimeXBT Cosmos Hub (ATOM) 2.55 YouHodler Cosmos Hub (ATOM) 2.55 Binance Cosmos Hub (ATOM) 2.56 BTSE Cosmos Hub (ATOM) 2.55 Coinbase Cosmos Hub (ATOM) 2.55 2. Choose a Cosmos Hub lender
Once you have ATOM, you'll need to choose a Cosmos Hub lending platform to lend your tokens. You can find some options here.
See all 11 lending ratesPlatform Coin Interest rate Nexo Cosmos Hub (ATOM) Up to 11% p.a. YouHodler Cosmos Hub (ATOM) Up to 16% p.a. Bitget Cosmos Hub (ATOM) Up to 9% p.a. Coinbase Cosmos Hub (ATOM) Up to 14.04% p.a. 3. Earn Cosmos Hub
Once you've chosen a platform to earn your Cosmos Hub, transfer your Cosmos Hub into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
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. Ensure your earning platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're prepared to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
missing en-au translation: common.latest-movements-copy
- Market capitalisation
- USDĀ 2.52B
- 24-hour volume
- USDĀ 184.61M
- Circulating supply
- 390.69M ATOM
