How to Lend EthereumPoW (ETHW) in the cryptocurrency market

Introduction

Lending EthereumPoW can be an excellent choice for individuals looking to hold ETHW 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 EthereumPoW (ETHW) Tokens

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

   Platform	Coin	Price
   YouHodler	EthereumPoW (ETHW)	0.56 APY
   BTSE	EthereumPoW (ETHW)	0.55 APY
   Kraken	EthereumPoW (ETHW)	0.52 APY
   OKX	EthereumPoW (ETHW)	1.57 APY
   BingX	EthereumPoW (ETHW)	0.56 APY
   Bitfinex	EthereumPoW (ETHW)	1.61 APY

   View all 37 prices

2. 2. Select a EthereumPoW lending platform

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

   Platform	Coin	APY
   MEXC Global	EthereumPoW (ETHW)	Up to 3% APY

3. 3. Lend Your EthereumPoW for attractive APY returns

   After selecting a platform to lend your EthereumPoW, transfer your EthereumPoW into your wallet on the lending platform. Once the deposit is completed, it will begin to accrue APY. Some platforms offer daily interest payouts, while others may provide interest on a weekly or monthly basis.

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 higher your potential returns. Ensure that your lending platform offers compounding APY to maximize your earnings.

What to Consider in the Chinese Market

Lending your cryptocurrency can involve significant risks