How to Lend Coreum (COREUM) in Australia

Introduction

Lending Coreum can be a great option for those who want to hold COREUM 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 Coreum (COREUM) Tokens

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

   Platform	Coin	Cost
   Uphold	Coreum (COREUM)	0.13
   Bitget	Coreum (COREUM)	0.18
   Bitmart	Coreum (COREUM)	0.18
   Bitpanda	Coreum (COREUM)	0.27
   Bitstamp	Coreum (COREUM)	0.19
   Gate.io	Coreum (COREUM)	0.18

   See all 13 prices

2. 2. Choose a Coreum lender

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

   Platform	Coin	Interest rate
   Bitget	Coreum (COREUM)	Up to 1% p.a.

3. 3. Lend Your Coreum

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