How to Lend Energy Web (EWT) in Australia

Introduction

Lending Energy Web can be a great option for those who want to hold EWT 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 Energy Web (EWT) Tokens

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

   Platform	Coin	Cost
   Kraken	Energy Web (EWT)	0.8
   Uphold	Energy Web (EWT)	1.76
   Bitmart	Energy Web (EWT)	0.78
   CoinEx	Energy Web (EWT)	0.79
   Gate.io	Energy Web (EWT)	0.8
   Kucoin	Energy Web (EWT)	0.8

   See all 14 prices

2. 2. Choose a Energy Web lender

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

   Platform	Coin	Interest rate
   Kucoin	Energy Web (EWT)	Up to 0.5% p.a.

3. 3. Lend Your Energy Web

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