How to Lend Cosmos Hub (ATOM) in Australia: A Step-by-Step Guide

Introduction

Lending Cosmos Hub can be a great option for those who want to hold ATOM 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 Cosmos Hub (ATOM) Tokens
To lend Cosmos Hub, you need to possess it. To acquire Cosmos Hub, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Nexo Cosmos Hub (ATOM) 1.94
PrimeXBT Cosmos Hub (ATOM) 1.93
YouHodler Cosmos Hub (ATOM) 1.93
Binance Cosmos Hub (ATOM) 1.93
BTSE Cosmos Hub (ATOM) 1.93
Coinbase Cosmos Hub (ATOM) 1.93
See all 69 prices
2. Choose a Cosmos Hub lender
Once you have ATOM, you'll need to choose a Cosmos Hub lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Nexo Cosmos Hub (ATOM) Up to 11% p.a.
YouHodler Cosmos Hub (ATOM) Up to 16% p.a.
Bitget Cosmos Hub (ATOM) Up to 9% p.a.
Coinbase Cosmos Hub (ATOM) Up to 14.04% p.a.
See all 11 lending rates
3. Lend Your Cosmos Hub
Once you've chosen a platform to lend your Cosmos Hub, transfer your Cosmos Hub 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. 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.

Platform	Coin	Cost
Nexo	Cosmos Hub (ATOM)	1.94
PrimeXBT	Cosmos Hub (ATOM)	1.93
YouHodler	Cosmos Hub (ATOM)	1.93
Binance	Cosmos Hub (ATOM)	1.93
BTSE	Cosmos Hub (ATOM)	1.93
Coinbase	Cosmos Hub (ATOM)	1.93

Platform	Coin	Interest rate
Nexo	Cosmos Hub (ATOM)	Up to 11% p.a.
YouHodler	Cosmos Hub (ATOM)	Up to 16% p.a.
Bitget	Cosmos Hub (ATOM)	Up to 9% p.a.
Coinbase	Cosmos Hub (ATOM)	Up to 14.04% p.a.

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.