How to Lend DODO (dodo) in Australia

Introduction

Lending DODO can be a great option for those who want to hold dodo 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 DODO (dodo) Tokens

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

   Platform	Coin	Cost
   Binance	DODO (dodo)	0.04
   Bake	DODO (dodo)	0.04
   BingX	DODO (dodo)	0.04
   Bitget	DODO (dodo)	0.04
   Bitmart	DODO (dodo)	0.05
   Bitpanda	DODO (dodo)	0.15

   See all 28 prices

2. 2. Choose a DODO lender

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

   Platform	Coin	Interest rate
   Kucoin	DODO (dodo)	Up to 0.5% p.a.

3. 3. Lend Your DODO

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