Where and How to Lend Dogechain (DC)

Introduction

Lending Dogechain can be a great option for those who want to hold DC 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. 1. Acquire Dogechain (DC) Tokens

   To be able to lend Dogechain, you need to have it. To get Dogechain, you’ll have to buy it. You can pick from these popular exchanges.

   Platform	Coin	Price
   Bitmart	Dogechain (DC)	0.000044
   CoinEx	Dogechain (DC)	0.0000442
   HTX	Dogechain (DC)	0.0000438
   Kucoin	Dogechain (DC)	0.0000443

   See all 8 prices

2. 2. Choose a Dogechain Lender

   Once you have DC, you’ll need to choose a Dogechain lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Dogechain (DC)	Up to 0.5% APY

3. 3. Lend Your Dogechain

   Once you’ve chosen a platform to lend your Dogechain, transfer your Dogechain 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. 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.