How to Lend Paysenger EGO (EGO) in Australia

Introduction

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

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

   Platform	Coin	Cost
   BingX	Paysenger EGO (EGO)	0
   Bitget	Paysenger EGO (EGO)	0.02
   Bitmart	Paysenger EGO (EGO)	0
   Bitpanda	Paysenger EGO (EGO)	0.02
   Kucoin	Paysenger EGO (EGO)	0
   MEXC Global	Paysenger EGO (EGO)	0

   See all 10 prices

2. 2. Choose a Paysenger EGO lender

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

   Platform	Coin	Interest rate
   Bitget	Paysenger EGO (EGO)	Up to 1% p.a.

3. 3. Lend Your Paysenger EGO

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