How to Lend GameXT (GMX): A Comprehensive Guide for Chinese Investors

Introduction

Lending GameXT can be an excellent choice for individuals looking to hold GMX 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. Acquire GameXT (GMX) Tokens
To lend GameXT, you must first possess it. To acquire GameXT, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.
Platform Coin Price
Kraken GameXT (GMX) 8.17 APY
Hotcoin GameXT (GMX) 15.52 APY
Kucoin GameXT (GMX) 8.14 APY
View all 6 prices
2. Select a GameXT lending platform
Once you have GMX, you'll need to select a GameXT lending platform to lend your tokens. You can explore several options available in the market here.
Platform Coin APY
Kucoin GameXT (GMX) Up to 0.5% APY
3. Lend Your GameXT for attractive APY returns
After selecting a platform to lend your GameXT, transfer your GameXT 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. 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.