How to Lend Chainge (XCHNG) in Australia

Introduction

Lending Chainge can be a great option for those who want to hold XCHNG 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 Chainge (XCHNG) Tokens

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

   Platform	Coin	Cost
   Bitget	Chainge (XCHNG)	0.01
   Bitstamp	Chainge (XCHNG)	0.0005
   Gate.io	Chainge (XCHNG)	0.01
   MEXC Global	Chainge (XCHNG)	0.0007835

   See all 8 prices

2. 2. Choose a Chainge lender

   Once you have XCHNG, you'll need to choose a Chainge lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Bitget	Chainge (XCHNG)	Up to 1% p.a.

3. 3. Lend Your Chainge

   Once you've chosen a platform to lend your Chainge, transfer your Chainge 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.