How to Lend Patex (PATEX) in Australia: A Step-by-Step Guide

Introduction

Lending Patex can be a great option for those who want to hold PATEX 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 Patex (PATEX) Tokens
To lend Patex, you need to possess it. To acquire Patex, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
CoinEx Patex (PATEX) 0.09
Gate.io Patex (PATEX) 0.05
Kucoin Patex (PATEX) 0.06
MEXC Global Patex (PATEX) 0.03
See all 8 prices
2. Choose a Patex lender
Once you have PATEX, you'll need to choose a Patex lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Kucoin Patex (PATEX) Up to 25% p.a.
3. Lend Your Patex
Once you've chosen a platform to lend your Patex, transfer your Patex 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
CoinEx	Patex (PATEX)	0.09
Gate.io	Patex (PATEX)	0.05
Kucoin	Patex (PATEX)	0.06
MEXC Global	Patex (PATEX)	0.03

Platform	Coin	Interest rate
Kucoin	Patex (PATEX)	Up to 25% 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.