Introduction
Lending Dogechain can be a great option for those who want to hold DC 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 Dogechain (DC) tokens
To lend Dogechain, you need to possess it. To acquire Dogechain, you'll need to buy it. You can select from these popular exchanges.
See all 8 pricesPlatform Coin Cost Bitmart Dogechain (DC) 0.000052 CoinEx Dogechain (DC) 0.000006424 HTX Dogechain (DC) 0.0000272 Kucoin Dogechain (DC) 0.00000637 2. Choose a Dogechain lender
Once you have DC, you'll need to choose a Dogechain lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Kucoin Dogechain (DC) Up to 0.5% p.a. 3. Earn Dogechain
Once you've chosen a platform to earn your Dogechain, transfer your Dogechain 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 8.49M
- 24-hour volume
- USDĀ 623,923
- Circulating supply
- 35.45B DC
