Where and How to Earn Raydium (RAY)

Introduction

Lending Raydium can be a great option for those who want to hold RAY 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. 1. Acquire Raydium (RAY) Tokens

   To lend Raydium, you need to possess it. To acquire Raydium, you’ll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Price
   Uphold	Raydium (RAY)	2.92
   YouHodler	Raydium (RAY)	2.92
   Kraken	Raydium (RAY)	2.94
   OKX	Raydium (RAY)	2.88
   Binance	Raydium (RAY)	2.92
   MEXC Global	Raydium (RAY)	2.93

   See all 45 prices

2. 2. Choose a Raydium Lender

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

   Platform	Coin	Interest rate
   YouHodler	Raydium (RAY)	Up to 16% AER
   Bitget	Raydium (RAY)	Up to 2.6% AER
   Kucoin	Raydium (RAY)	Up to 0.5% AER

   See all 5 lending rates

3. 3. Earn Raydium

   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 start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning platform pays compounding interest to maximise your returns.

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.