Where and How to Earn Pax Dollar (USDP)

简介

Lending Pax Dollar for those who want to hold USDP, but also earn yield, can be a good choice. The steps might be a bit intimidating, especially the first time you try them. Therefore, we've prepared this guide for you.

Step-by-step Guide

1. 1. Obtain Pax Dollar (USDP) Tokens

   To lend Pax Dollar, you need to already own it. To get Pax Dollar, you’ll need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Price
   YouHodler	Pax Dollar (USDP)	1
   Binance	Pax Dollar (USDP)	1
   MEXC Global	Pax Dollar (USDP)	1
   Kucoin	Pax Dollar (USDP)	1

   See all 21 prices

2. 2. Choose a Pax Dollar Lender

   Once you have USDP, you'll need to choose a Pax Dollar lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Nexo	Pax Dollar (USDP)	Up to 14% APY
   YouHodler	Pax Dollar (USDP)	Up to 20% APY
   Neverless	Pax Dollar (USDP)	Up to 14% APY

   See all 6 lending rates

3. 3. Earn Pax Dollar

   After selecting a platform for earning your Pax Dollar, transfer your Pax Dollar to your wallet on the earning platform. Once deposited, it begins to earn interest. Some platforms provide interest payouts daily, while others do so weekly or monthly.

4. 4. Earn收益

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximize your returns.

Things to Note

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.