How to Lend JasmyCoin (JASMY) in Australia: A Step-by-Step Guide

Introduction

Lending JasmyCoin can be a great option for those who want to hold JASMY 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. Obtain JasmyCoin (JASMY) Tokens
To lend JasmyCoin, you need to possess it. To acquire JasmyCoin, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
PrimeXBT JasmyCoin (JASMY) 0.01
YouHodler JasmyCoin (JASMY) 0.01
Binance JasmyCoin (JASMY) 0.01
Coinbase JasmyCoin (JASMY) 0.01
Kraken JasmyCoin (JASMY) 0.01
Azbit JasmyCoin (JASMY) 0.01
See all 49 prices
2. Choose a JasmyCoin lender
Once you have JASMY, you'll need to choose a JasmyCoin lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
YouHodler JasmyCoin (JASMY) Up to 30% p.a.
Kucoin JasmyCoin (JASMY) Up to 0.5% p.a.
See all 4 lending rates
3. Lend Your JasmyCoin
Once you've chosen a platform to lend your JasmyCoin, transfer your JasmyCoin 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. 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.

Platform	Coin	Cost
PrimeXBT	JasmyCoin (JASMY)	0.01
YouHodler	JasmyCoin (JASMY)	0.01
Binance	JasmyCoin (JASMY)	0.01
Coinbase	JasmyCoin (JASMY)	0.01
Kraken	JasmyCoin (JASMY)	0.01
Azbit	JasmyCoin (JASMY)	0.01

Platform	Coin	Interest rate
YouHodler	JasmyCoin (JASMY)	Up to 30% p.a.
Kucoin	JasmyCoin (JASMY)	Up to 0.5% p.a.

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.