Introduction
Lending WEN can be a great option for those who want to hold $wen but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step Guide
1. Get WEN ($wen) Tokens
To lend WEN, you need to have it. To get WEN, you'll need to buy it. You can choose from these popular exchanges.
See all 12 pricesPlatform Loonies Price YouHodler WEN ($wen) 0.0000322 Kraken WEN ($wen) 0.00003223 BTSE WEN ($wen) 0.00003193 BingX WEN ($wen) 0.00003237 Bitget WEN ($wen) 0.0000323 Bitmart WEN ($wen) 0.0000324 2. Choose a WEN Lender
Once you have $wen, you’ll need to choose a WEN lending platform to lend your tokens. You can see some options here.
Platform Loonies Interest rate YouHodler WEN ($wen) Up to 30% annual percentage yield Bitget WEN ($wen) Up to 0.4% annual percentage yield 3. Lend Your WEN
Once you’ve chosen a platform for lending your WEN, transfer your WEN into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximize your returns.
What to be Aware of
Loaning your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check out their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
WEN ($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