Introduction
Lending GHO can be an excellent choice for those looking to hold GHO 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 GHO (GHO) Tokens
To lend GHO, you first need to possess it. To acquire GHO, you'll have to buy it. You can select from these popular exchanges available in Spain.
2. Select a GHO Lender
Once you have GHO, you'll need to select a GHO lending platform to lend your tokens. You can explore some options here.
3. Lend Your GHO
Once you've selected a platform to lend your GHO, transfer your GHO 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.
What to Keep in Mind
Lending your crypto can be risky
Latest Movements in the Market
GHO (GHO) is currently priced at US$8.68 with a 24-hour trading volume of US$6.76M. The market cap of GHO stands at US$148.56M, with 148,61M GHO in circulation. For those looking to buy or trade GHO, Aave offers avenues to do so securely and efficiently
- Capitalización de mercado
- US$148.56M
- volumen en 24 horas
- US$6.76M
- Oferta circulante
- 148,61M GHO
