Introduction
Lending HTX DAO can be a great option for those who want to hold HTX 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 HTX DAO (HTX) tokens
To lend HTX DAO, you need to possess it. To acquire HTX DAO, you'll need to buy it. You can select from these popular exchanges.
See all 21 pricesPlatform Coin Cost BTSE HTX DAO (HTX) 0 Bitfinex HTX DAO (HTX) 1.5 Bitget HTX DAO (HTX) 0.000001647 Bitmart HTX DAO (HTX) 0.000001647 CoinEx HTX DAO (HTX) 0.00000165 Gate.io HTX DAO (HTX) 0.000001644 2. Choose a HTX DAO lender
Once you have HTX, you'll need to choose a HTX DAO lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Bitget HTX DAO (HTX) Up to 1% p.a. 3. Earn HTX DAO
Once you've chosen a platform to earn your HTX DAO, transfer your HTX DAO 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.
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