Where and How to Lend El Hippo (HIPP)

Introduction

Lending El Hippo can be a great option for those who want to hold HIPP 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 El Hippo (HIPP) Tokens

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

   Platform	Coin	Price
   MEXC Global	El Hippo (HIPP)	0
   Bitget	El Hippo (HIPP)	0

   See all 4 prices

2. 2. Choose a El Hippo Lender

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

   Platform	Coin	Interest rate
   Bitget	El Hippo (HIPP)	Up to 1% APY

3. 3. Lend Your El Hippo

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