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

Introduction

Lending WEMIX can be a great option for those who want to hold WEMIX 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 WEMIX (WEMIX) Tokens
To lend WEMIX, you need to possess it. To acquire WEMIX, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
BingX WEMIX (WEMIX) 0.37
Bitget WEMIX (WEMIX) 0.37
Bitmart WEMIX (WEMIX) 0.37
Bitpanda WEMIX (WEMIX) 1.23
CoinEx WEMIX (WEMIX) 0.37
Crypto.com WEMIX (WEMIX) 0.37
See all 21 prices
2. Choose a WEMIX lender
Once you have WEMIX, you'll need to choose a WEMIX lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Kucoin WEMIX (WEMIX) Up to 100% p.a.
3. Lend Your WEMIX
Once you've chosen a platform to lend your WEMIX, transfer your WEMIX 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
BingX	WEMIX (WEMIX)	0.37
Bitget	WEMIX (WEMIX)	0.37
Bitmart	WEMIX (WEMIX)	0.37
Bitpanda	WEMIX (WEMIX)	1.23
CoinEx	WEMIX (WEMIX)	0.37
Crypto.com	WEMIX (WEMIX)	0.37

Platform	Coin	Interest rate
Kucoin	WEMIX (WEMIX)	Up to 100% 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.