Introduction
Lending Dogecoin can be an excellent choice for those looking to hold DOGE while generating yield. The process might seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
Step-by-Step Guide for Spain 1
1. Acquire Dogecoin (DOGE) Tokens
To lend Dogecoin, you first need to possess it. To acquire Dogecoin, you'll have to buy it. You can select from these popular exchanges available in Spain.
Consulta todos los 67 preciosPlataforma Cripto Price Nexo Dogecoin (DOGE) 0,14 APY PrimeXBT Dogecoin (DOGE) 0,14 APY EarnPark Dogecoin (DOGE) 0,14 APY YouHodler Dogecoin (DOGE) 0,14 APY Binance Dogecoin (DOGE) 0,14 APY BTSE Dogecoin (DOGE) 0,14 APY 2. Select a Dogecoin Lender
Once you have DOGE, you'll need to select a Dogecoin lending platform to lend your tokens. You can explore some options here.
Lending APYPlataforma Cripto APY Nexo Dogecoin (DOGE) Hasta 3% APY EarnPark Dogecoin (DOGE) Hasta 7% APY YouHodler Dogecoin (DOGE) Hasta 12% APY Bitget Dogecoin (DOGE) Hasta 2% APY Blockchain.com Dogecoin (DOGE) Hasta 1% APY 3. Earn Dogecoin with competitive APY rates that can help you grow your investment
Once you've selected a platform to earn your Dogecoin, transfer your Dogecoin into your wallet on the earning platform. Once it's deposited, it will begin to accrue APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Generate Earnings
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Try to make sure your earning platform pays compounding APY to maximise your returns.
What to Keep in Mind
Lending your crypto can be risky
Latest Movements in the Market
Dogecoin (DOGE) is currently priced at US$2.3 with a 24-hour trading volume of US$3.61B. The market cap of Dogecoin stands at US$48.25B, with 147,55B DOGE in circulation. For those looking to buy or trade Dogecoin, Nexo offers avenues to do so securely and efficiently
- Capitalización de mercado
- US$48.25B
- volumen en 24 horas
- US$3.61B
- Oferta circulante
- 147,55B DOGE
