How to Lend DUSK (DUSK) in Australia

Introduction

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

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

   Platform	Coin	Cost
   Binance	DUSK (DUSK)	0.05
   BingX	DUSK (DUSK)	0.21
   Bitget	DUSK (DUSK)	0.05
   Bitmart	DUSK (DUSK)	0.07
   Bitpanda	DUSK (DUSK)	0.23
   Bybit	DUSK (DUSK)	0.05

   See all 24 prices

2. 2. Choose a DUSK lender

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

   Platform	Coin	Interest rate
   Kucoin	DUSK (DUSK)	Up to 0.02% p.a.

3. 3. Lend Your DUSK

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