Introduction
Lending Dogs can be an excellent option for those who wish to hold DOGS while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.
Step-by-Step Guide
1. Obtain Dogs (DOGS) Tokens
To lend Dogs, you need to possess it. To obtain Dogs, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 33 pricesPlatform Coin Price YouHodler Dogs (DOGS) 0.0001359 Kraken Dogs (DOGS) 0.0001357 OKX Dogs (DOGS) 0.0001319 Binance Dogs (DOGS) 0.0001359 BTSE Dogs (DOGS) 0.000137 Azbit Dogs (DOGS) 0.0001357 2. Choose a Dogs Lender in the UK
Once you have DOGS, you'll need to choose a Dogs lending platform to lend your tokens. You can see some options here.
View all 4 loan ratesPlatform Coin AER YouHodler Dogs (DOGS) Up to 30% AER Kucoin Dogs (DOGS) Up to 0.65% AER 3. Earn Dogs
Once you've selected a platform to earn your Dogs, transfer your Dogs into your wallet on the earning platform. Once it's deposited, it will begin to accrue AER. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn AER
Now all you need to do is sit back while your cryptocurrency earns AER. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements in the UK
Dogs (DOGS) is currently priced at US$30 with a 24-hour trading volume of US$37.83M. The market cap of Dogs stands at US$228.28M, with 516.75B DOGS in circulation. For those looking to purchase or trade Dogs, YouHodler offers avenues to do so securely and efficiently
- Market capitalisation
- US$228.28M
- 24-hour volume
- US$37.83M
- Circulating supply
- 516.75B DOGS