How to Lend Audius (Wormhole) (AUDIO) in Australia

Introduction

Lending Audius (Wormhole) can be a great option for those who want to hold AUDIO 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. 1. Obtain Audius (Wormhole) (AUDIO) Tokens

   To lend Audius (Wormhole), you need to possess it. To acquire Audius (Wormhole), you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Cost
   Coinbase	Audius (Wormhole) (AUDIO)	0.03
   Kraken	Audius (Wormhole) (AUDIO)	0.03
   CoinEx	Audius (Wormhole) (AUDIO)	0.03
   Hotcoin	Audius (Wormhole) (AUDIO)	0.06
   Kucoin	Audius (Wormhole) (AUDIO)	0.03

   See all 10 prices

2. 2. Choose a Audius (Wormhole) lender

   Once you have AUDIO, you'll need to choose a Audius (Wormhole) lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Kucoin	Audius (Wormhole) (AUDIO)	Up to 0.5% p.a.

3. 3. Lend Your Audius (Wormhole)

   Once you've chosen a platform to lend your Audius (Wormhole), transfer your Audius (Wormhole) into your wallet on the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.

4. 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 lending 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 willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.