How to Lend Qtum (QTUM): A Comprehensive Guide for Chinese Investors

Introduction

Lending Qtum can be an excellent choice for individuals looking to hold QTUM 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 Qtum (QTUM) Tokens
To lend Qtum, you must first possess it. To acquire Qtum, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.
Platform Coin Price
Binance Qtum (QTUM) 1.34 APY
Kraken Qtum (QTUM) 1.33 APY
OKX Qtum (QTUM) 1.89 APY
Uphold Qtum (QTUM) 2.53 APY
BingX Qtum (QTUM) 1.34 APY
Bitfinex Qtum (QTUM) 4.9 APY
View all 42 prices
2. Select a Qtum lending platform
Once you have QTUM, you'll need to select a Qtum lending platform to lend your tokens. You can explore several options available in the market here.
3. Lend Your Qtum for attractive APY returns
After selecting a platform to lend your Qtum, transfer your Qtum 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.