Introduction
Lending Cosmos Hub can be a great option for those who want to hold ATOM 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. Get Cosmos Hub (ATOM) Tokens
To lend Cosmos Hub, you need to have it. To get Cosmos Hub, you'll need to buy it. You can choose from these popular exchanges.
See all 69 pricesPlatform Loonies Price Nexo Cosmos Hub (ATOM) 4.23 PrimeXBT Cosmos Hub (ATOM) 4.21 Uphold Cosmos Hub (ATOM) 4.21 YouHodler Cosmos Hub (ATOM) 4.22 Kraken Cosmos Hub (ATOM) 4.21 OKX Cosmos Hub (ATOM) 4.28 2. Choose a Cosmos Hub Lender
Once you have ATOM, you’ll need to choose a Cosmos Hub lending platform to lend your tokens. You can see some options here.
See all 11 lending ratesPlatform Loonies Interest rate Nexo Cosmos Hub (ATOM) Up to 11 annual percentage yield YouHodler Cosmos Hub (ATOM) Up to 16 annual percentage yield Bitget Cosmos Hub (ATOM) Up to 9 annual percentage yield Kucoin Cosmos Hub (ATOM) Up to 18 annual percentage yield 3. Lend Your Cosmos Hub
Once you’ve chosen a platform for lending your Cosmos Hub, transfer your Cosmos Hub into your wallet on the lending 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 lending platform pays compounding interest to maximize your returns.
What to be Aware of
Loaning 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 out their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Cosmos Hub (ATOM) is currently priced at 0 with a 24-hour trading volume of US$184.61M. The market cap of Cosmos Hub is currently at US$2.52B, with 390.69M ATOM in circulation. For those interested in buying or trading Cosmos Hub, Nexo offers ways to do so securely and efficiently
- Market capitalization
- US$2.52B
- 24h volume
- US$184.61M
- Circulating supply
- 390.69M ATOM