Introduction
Lending Dash can be a great option for those who want to hold dash but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Acquire Dash (dash) Tokens
To be able to lend Dash, you need to have it. To get Dash, you’ll have to buy it. You can pick from these popular exchanges.
See all 40 pricesPlatform Coin Price Uphold Dash (dash) 21.32 YouHodler Dash (dash) 21.29 Kraken Dash (dash) 21.2 Binance Dash (dash) 21.35 Coinbase Dash (dash) 21.27 MEXC Global Dash (dash) 21.21 2. Choose a Dash Lender
Once you have dash, you’ll need to choose a Dash lending platform to lend your tokens. You can see some options here.
See all 5 borrowing ratesPlatform Coin Interest rate YouHodler Dash (dash) Up to 12 APY Nebeus Dash (dash) Up to 4.5 APY Kucoin Dash (dash) Up to 0.5 APY 3. Lend Your Dash
Once you’ve chosen a platform to lend your Dash, transfer your Dash into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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. Try to make sure your lending platform pays compounding interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure 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.
Latest Movements
Dash (dash) is currently priced at USD 4.5 with a 24-hour trading volume of USD 36.54M. The market cap of Dash stands at USD 259.23M, with 12.17M dash in circulation. For those looking to buy or trade Dash, YouHodler offers avenues to do so securely and efficiently
- Market cap
- USD 259.23M
- 24h volume
- USD 36.54M
- Circulating supply
- 12.17M dash