Introduction
Lending Oraichain can be an excellent choice for individuals looking to hold ORAI 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 Oraichain (ORAI) Tokens
To lend Oraichain, you must first possess it. To acquire Oraichain, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.
View all 17 pricesPlatform Coin Price Uphold Oraichain (ORAI) 2.97 APY Bake Oraichain (ORAI) 0.74 APY Bitget Oraichain (ORAI) 0.74 APY Bitpanda Oraichain (ORAI) 10.03 APY CoinEx Oraichain (ORAI) 0.74 APY Crypto.com Oraichain (ORAI) 0.73 APY 2. Select a Oraichain lending platform
Once you have ORAI, you'll need to select a Oraichain lending platform to lend your tokens. You can explore several options available in the market here.
Platform Coin APY Kucoin Oraichain (ORAI) Up to 15% APY 3. Lend Your Oraichain for attractive APY returns
After selecting a platform to lend your Oraichain, transfer your Oraichain 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.
What to Consider in the Chinese Market
Lending your cryptocurrency can involve significant risks
Recent Developments
missing en-cn translation: common.latest-movements-copy
- Market capitalization
- $182.75M
- missing en-cn translation: common.volume-24h
- $7.1M
- Circulating supply in the market
- 16.87M ORAI
