Introduction
Lending Pudgy Penguins can be a great option for those who want to hold pengu but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Acquire Pudgy Penguins (pengu) Tokens
To be able to lend Pudgy Penguins, you need to have it. To get Pudgy Penguins, you’ll have to buy it. You can pick from these popular exchanges.
Platform Coin Price Kraken Pudgy Penguins (pengu) 0 Coinbase Pudgy Penguins (pengu) 0 2. Choose a Pudgy Penguins Lender
Once you have pengu, you’ll need to choose a Pudgy Penguins lending platform to lend your tokens. You can see some options here.
See all 4 borrowing ratesPlatform Coin Interest rate YouHodler Pudgy Penguins (pengu) Up to 30 APY Kucoin Pudgy Penguins (pengu) Up to 0.04 APY 3. Lend Your Pudgy Penguins
Once you’ve chosen a platform to lend your Pudgy Penguins, transfer your Pudgy Penguins into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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. Try to make sure your lending platform pays compounding interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure 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.
Latest Movements
Pudgy Penguins (pengu) is currently priced at USD 0.04 with a 24-hour trading volume of USD 53.92M. The market cap of Pudgy Penguins stands at USD 350.74M, with 62.86B pengu in circulation. For those looking to buy or trade Pudgy Penguins, YouHodler offers avenues to do so securely and efficiently
- Market cap
- USD 350.74M
- 24h volume
- USD 53.92M
- Circulating supply
- 62.86B pengu