Introduction
Lending WEN can be a great option for those who want to hold $wen but earn yield. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.
Step-by-Step Guide
1. Acquire WEN ($wen) Tokens
To lend WEN, you need to have it. To get WEN, you'll have to buy it. You can choose from these popular exchanges.
See all 12 pricesPlatform Loonies Price YouHodler WEN ($wen) 0.0000311 Kraken WEN ($wen) 0.00003135 BTSE WEN ($wen) 0.00003148 BingX WEN ($wen) 0.00003153 Bitget WEN ($wen) 0.0000314 Bitmart WEN ($wen) 0.00003149 2. Choose a WEN Lender
Once you have $wen, you'll need to choose a WEN lending platform to lend your tokens. You can check out some options here.
Platform Loonies Interest rate YouHodler WEN ($wen) Up to 30% annual percentage yield Bitget WEN ($wen) Up to 0.4% annual percentage yield 3. Earn WEN
Once you've chosen a platform to earn your WEN, transfer your WEN into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others pay weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning platform pays compounding interest to maximize your returns.
What to be Aware of
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
WEN ($wen) is currently priced at US$30 with a 24-hour trading volume of US$1,695.09. For those interested in buying or trading WEN, YouHodler offers ways to do so securely and efficiently
- 24h volume
- US$1,695.09