Where and How to Earn Raydium (RAY)

Introduction to the world of cryptocurrency can be both exciting and daunting

Lending Raydium can be an excellent choice for those looking to hold RAY while earning yield. The process may seem a bit intimidating, particularly for first-timers. That's why we've created this guide to help you navigate through it.

Step-by-Step Guide 1

1. 1. Acquire Raydium (RAY) Tokens

   To lend Raydium, you must first possess it. To acquire Raydium, you'll need to purchase it. You can select from these well-known exchanges.

   Platform	Coin	Price
   YouHodler	Raydium (RAY)	1,2
   Binance	Raydium (RAY)	1,2
   Kraken	Raydium (RAY)	1,19
   OKX	Raydium (RAY)	1,15
   Uphold	Raydium (RAY)	2,39
   Azbit	Raydium (RAY)	1,2

   See all 46 prices

2. 2. Select a Raydium Lender

   Once you have RAY, you'll need to select a Raydium lending platform to lend your tokens. You can explore some options here.

   Platform	Coin	Interest rate
   YouHodler	Raydium (RAY)	Up to 16% APY
   Bitget	Raydium (RAY)	Up to 2,6% APY
   Kucoin	Raydium (RAY)	Up to 0,5% APY

   See all 5 lending rates

3. 3. Earn Raydium with competitive rates that allow you to maximize your investments

   Once you've selected a platform to earn your Raydium, transfer your Raydium into your wallet on the earning platform. Once it's deposited, it will begin to accrue interest. Some platforms offer interest payments daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding APY to maximise your returns.

What to be Aware of

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.