Introduction
Lending El Hippo can be a great option for those who want to hold HIPP 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 El Hippo (HIPP) tokens
To lend El Hippo, you need to possess it. To acquire El Hippo, you'll need to buy it. You can select from these popular exchanges.
See all 4 pricesPlatform Coin Cost Bitget El Hippo (HIPP) 0 MEXC Global El Hippo (HIPP) 0 2. Choose a El Hippo lender
Once you have HIPP, you'll need to choose a El Hippo lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Bitget El Hippo (HIPP) Up to 1% p.a. 3. Earn El Hippo
Once you've chosen a platform to earn your El Hippo, transfer your El Hippo 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 362,397
- 24-hour volume
- USDĀ 187,107
- Circulating supply
- 737.58T HIPP
