Where and How to Earn dYdX (Wormhole) (DYDX) in the UK

Introduction

Lending dYdX (Wormhole) can be an excellent option for those who wish to hold DYDX 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. 1. Obtain dYdX (Wormhole) (DYDX) Tokens

   To lend dYdX (Wormhole), you need to possess it. To obtain dYdX (Wormhole), you'll need to purchase it. You can choose from these popular exchanges in the UK.

   Platform	Coin	Price
   Nexo	dYdX (Wormhole) (DYDX)	0.67
   Binance	dYdX (Wormhole) (DYDX)	0.67
   BTSE	dYdX (Wormhole) (DYDX)	0.64
   Kraken	dYdX (Wormhole) (DYDX)	0.67
   OKX	dYdX (Wormhole) (DYDX)	0.67
   Uphold	dYdX (Wormhole) (DYDX)	0.58

   View all 46 prices

2. 2. Choose a dYdX (Wormhole) Lender in the UK

   Once you have DYDX, you'll need to choose a dYdX (Wormhole) lending platform to lend your tokens. You can see some options here.

   Platform	Coin	AER
   Kucoin	dYdX (Wormhole) (DYDX)	Up to 0.5% AER
   MEXC Global	dYdX (Wormhole) (DYDX)	Up to 0.8% AER

   View all 4 loan rates

3. 3. Earn dYdX (Wormhole)

   Once you've selected a platform to earn your dYdX (Wormhole), transfer your dYdX (Wormhole) 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. 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.