Where and How to Earn WAX (WAXP)

简介

Lending WAX for those who want to hold WAXP, 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 WAX (WAXP) Tokens

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

   Platform	Coin	Price
   OKX	WAX (WAXP)	0.02
   Binance	WAX (WAXP)	0.02
   MEXC Global	WAX (WAXP)	0.02
   Bitget	WAX (WAXP)	0.02
   Kucoin	WAX (WAXP)	0.02
   Bitmart	WAX (WAXP)	0.02

   See all 29 prices

2. 2. Choose a WAX Lender

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

   Platform	Coin	Interest rate
   Kucoin	WAX (WAXP)	Up to 0.5% APY

3. 3. Earn WAX

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