Introduction
Lending GMX can be an excellent choice for those looking to hold GMX 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 GMX (GMX) Tokens
To lend GMX, you first need to possess it. To acquire GMX, you'll have to buy it. You can select from these popular exchanges available in Spain.
2. Select a GMX Lender
Once you have GMX, you'll need to select a GMX lending platform to lend your tokens. You can explore some options here.
3. Lend Your GMX
Once you've selected a platform to lend your GMX, transfer your GMX 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
GMX (GMX) is currently priced at US$2.5 con un volumen de negociación de 24 horas de US$18.51M. La capitalización de mercado de GMX se sitúa en US$236.11M, con 9,92M GMX en circulación. Para aquellos que buscan comprar o intercambiar GMX, Bitget ofrece vías para hacerlo de manera segura y eficiente
- Capitalización de mercado
- US$236.11M
- volumen en 24 horas
- US$18.51M
- Oferta circulante
- 9,92M GMX