How to Lend HTX DAO (HTX) in Australia

Introduction

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

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

   Platform	Coin	Cost
   BTSE	HTX DAO (HTX)	0
   Bitfinex	HTX DAO (HTX)	1.5
   Bitget	HTX DAO (HTX)	0.000001705
   Bitmart	HTX DAO (HTX)	0.000001692
   CoinEx	HTX DAO (HTX)	0.000001706
   Gate.io	HTX DAO (HTX)	0.00000171

   See all 21 prices

2. 2. Choose a HTX DAO lender

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

   Platform	Coin	Interest rate
   Bitget	HTX DAO (HTX)	Up to 1% p.a.

3. 3. Lend Your HTX DAO

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