简介

Lending Velo for those who want to hold VELO, 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 Velo (VELO) Tokens

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

   Platform	Coin	Price
   Uphold	Velo (VELO)	0.01
   Kucoin	Velo (VELO)	0.01
   BingX	Velo (VELO)	0.01
   CoinEx	Velo (VELO)	0.05

   See all 7 prices

2. 2. Choose a Velo Lender

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

   Platform	Coin	Interest rate
   Kucoin	Velo (VELO)	Up to 0.03% APY

3. 3. Earn Velo

   After selecting a platform for earning your Velo, transfer your Velo 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.