How to Lend ORDI (ORDI) in Australia

Introduction

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

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

   Platform	Coin	Cost
   PrimeXBT	ORDI (ORDI)	10.22
   Uphold	ORDI (ORDI)	9.03
   OKX	ORDI (ORDI)	10.24
   Binance	ORDI (ORDI)	10.23
   BTSE	ORDI (ORDI)	10.22
   BingX	ORDI (ORDI)	10.21

   See all 42 prices

2. 2. Choose a ORDI lender

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

   Platform	Coin	Interest rate
   Bitget	ORDI (ORDI)	Up to 0.3% p.a.
   Kucoin	ORDI (ORDI)	Up to 0.27% p.a.

3. 3. Lend Your ORDI

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