Introduction
Lending DODO can be a great option for those who want to hold dodo 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 DODO (dodo) Tokens
To be able to lend DODO, you need to have it. To get DODO, you’ll have to buy it. You can pick from these popular exchanges.
See all 27 pricesPlatform Coin Price Binance DODO (dodo) 0.04 Bitget DODO (dodo) 0.04 Kucoin DODO (dodo) 0.04 Bitmart DODO (dodo) 0.04 Gate.io DODO (dodo) 0.04 Bake DODO (dodo) 0.04 2. Choose a DODO Lender
Once you have dodo, you’ll need to choose a DODO lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin DODO (dodo) Up to 0.5 APY 3. Lend Your DODO
Once you’ve chosen a platform to lend your DODO, transfer your DODO 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
DODO (dodo) is currently priced at USD 0.5 with a 24-hour trading volume of USD 4,098.28. For those looking to buy or trade DODO, Kucoin offers avenues to do so securely and efficiently
- 24h volume
- USD 4,098.28