How to Lend Dogs (DOGS) in Australia

Introduction

Lending Dogs can be a great option for those who want to hold DOGS 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 Dogs (DOGS) Tokens

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

   Platform	Coin	Cost
   YouHodler	Dogs (DOGS)	0.00004414
   Binance	Dogs (DOGS)	0.0000442
   BTSE	Dogs (DOGS)	0.000045
   Kraken	Dogs (DOGS)	0.000044
   OKX	Dogs (DOGS)	0.0001319
   Azbit	Dogs (DOGS)	0.0000437

   See all 33 prices

2. 2. Choose a Dogs lender

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

   Platform	Coin	Interest rate
   YouHodler	Dogs (DOGS)	Up to 30% p.a.
   Kucoin	Dogs (DOGS)	Up to 4% p.a.

   See all 4 lending rates

3. 3. Lend Your Dogs

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