Cómo prestar Dogecoin (DOGE)

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. 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.

   Plataforma	Cripto	Price
   Nexo	Dogecoin (DOGE)	0,15 APY
   PrimeXBT	Dogecoin (DOGE)	0,15 APY
   EarnPark	Dogecoin (DOGE)	0,15 APY
   YouHodler	Dogecoin (DOGE)	0,15 APY
   Binance	Dogecoin (DOGE)	0,15 APY
   BTSE	Dogecoin (DOGE)	0,15 APY

   Consulta todos los 67 precios

2. 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.

   Plataforma	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

   Lending APY

3. 3. Lend Your Dogecoin

   Once you've selected a platform to lend your Dogecoin, transfer your Dogecoin into your wallet on the lending platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.

4. 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 lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky