Introduction
Lending D-Drops can be a great option for those who want to hold DOP 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 D-Drops (DOP) tokens
To lend D-Drops, you need to possess it. To acquire D-Drops, you'll need to buy it. You can select from these popular exchanges.
See all 12 pricesPlatform Coin Cost BingX D-Drops (DOP) 0.0002988 Gate.io D-Drops (DOP) 0.0003016 HTX D-Drops (DOP) 0.0003033 Kucoin D-Drops (DOP) 0.0001911 MEXC Global D-Drops (DOP) 0.0003445 WhiteBit D-Drops (DOP) 0.0001919 2. Choose a D-Drops lender
Once you have DOP, you'll need to choose a D-Drops lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Kucoin D-Drops (DOP) Up to 0.5% p.a. 3. Earn D-Drops
Once you've chosen a platform to earn your D-Drops, transfer your D-Drops 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 3.28M
- 24-hour volume
- USDĀ 4,796.17
- Circulating supply
- 175.19M DOP
