How to Lend Dent (DENT) in Australia

Introduction

Lending Dent can be a great option for those who want to hold DENT 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 Dent (DENT) Tokens

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

   Platform	Coin	Cost
   Binance	Dent (DENT)	0.000821
   Kraken	Dent (DENT)	0.0008317
   BingX	Dent (DENT)	0.000823
   Bitget	Dent (DENT)	0.000822
   Bitpanda	Dent (DENT)	0
   Bybit	Dent (DENT)	0.0008227

   See all 23 prices

2. 2. Choose a Dent lender

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

   Platform	Coin	Interest rate
   Kucoin	Dent (DENT)	Up to 0.25% p.a.

3. 3. Lend Your Dent

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