How to Lend $WEN (Stacks) (WEN): A Step-by-Step Guide

Introduction

Lending $WEN (Stacks) can be a great option for those who want to hold WEN but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. Obtain $WEN (Stacks) (WEN) Tokens

In order to lend $WEN (Stacks), you need to have it. To obtain $WEN (Stacks), you’ll need to purchase it. You can choose from these popular exchanges.

Platform	Coin	Price
Uphold	$WEN (Stacks) (WEN)	0,00004285
Bitstamp	$WEN (Stacks) (WEN)	0,00000984
CoinEx	$WEN (Stacks) (WEN)	0,00001006
Crypto.com	$WEN (Stacks) (WEN)	0,00001013
Gate.io	$WEN (Stacks) (WEN)	0,000009945
Hotcoin	$WEN (Stacks) (WEN)	0,00003883

See all 24 prices

2. Choose a $WEN (Stacks) Lender
Once you have WEN, you’ll need to choose a $WEN (Stacks) lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate
Kucoin $WEN (Stacks) (WEN) Up to 0,5% APY
3. Lend Your $WEN (Stacks)
Once you’ve chosen a platform to lending your $WEN (Stacks), transfer your $WEN (Stacks) into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

Platform	Coin	Interest rate
Kucoin	$WEN (Stacks) (WEN)	Up to 0,5% APY

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.