How to Lend dYdX (Wormhole) (DYDX): A Step-by-Step Guide for Spain

Introduction

Lending dYdX (Wormhole) can be an excellent choice for those looking to hold DYDX 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 dYdX (Wormhole) (DYDX) Tokens

To lend dYdX (Wormhole), you first need to possess it. To acquire dYdX (Wormhole), you'll have to buy it. You can select from these popular exchanges available in Spain.

Plataforma	Cripto	Price
Nexo	dYdX (Wormhole) (DYDX)	0,2 APY
Binance	dYdX (Wormhole) (DYDX)	0,2 APY
BTSE	dYdX (Wormhole) (DYDX)	0,64 APY
Kraken	dYdX (Wormhole) (DYDX)	0,2 APY
OKX	dYdX (Wormhole) (DYDX)	0,66 APY
Uphold	dYdX (Wormhole) (DYDX)	0,58 APY

Consulta todos los 46 precios

2. Select a dYdX (Wormhole) Lender
Once you have DYDX, you'll need to select a dYdX (Wormhole) lending platform to lend your tokens. You can explore some options here.
Plataforma Cripto APY
Kucoin dYdX (Wormhole) (DYDX) Hasta 0,5% APY
MEXC Global dYdX (Wormhole) (DYDX) Hasta 0,8% APY
Lending APY
3. Lend Your dYdX (Wormhole)
Once you've selected a platform to lend your dYdX (Wormhole), transfer your dYdX (Wormhole) 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. 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.