Where and How to Earn Venom (VENOM)

Introduction

Lending Venom can be an excellent choice for individuals looking to hold VENOM while earning an attractive APY. The process may seem a bit overwhelming, particularly for first-time users. To simplify this experience, we have created this comprehensive guide tailored for you.

Step-by-Step Guide

1. 1. Acquire Venom (VENOM) Tokens

   To lend Venom, you must first possess it. To acquire Venom, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.

   平台	Coin	Price
   OKX	Venom (VENOM)	0.07 APY
   BingX	Venom (VENOM)	0.15 APY
   Bitpanda	Venom (VENOM)	0.07 APY
   CoinEx	Venom (VENOM)	0.15 APY
   Gate.io	Venom (VENOM)	0.15 APY
   Kucoin	Venom (VENOM)	0.15 APY

   View all 13 prices

2. 2. Select a Venom lending platform

   Once you have VENOM, you'll need to select a Venom lending platform to lend your tokens. You can explore several options available in the market here.

   平台	Coin	APY
   Kucoin	Venom (VENOM)	Up to 0.5% APY

3. 3. Earn Venom

   Once you've selected a platform to earn your Venom, transfer your Venom into your wallet on the earning platform. After the deposit is completed, it will begin to accrue interest. Some platforms offer interest payments daily, while others may do so weekly or monthly.

4. 4. Earn APY on Your Assets

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the greater your potential earnings. Be sure to choose a platform that offers compounding interest to maximize your returns.

What to Consider in the Chinese Market

Lending your cryptocurrency can involve significant risks