How to Lend Cosmos Hub (ATOM): A Step-by-Step Guide for the UK

Introduction

Lending Cosmos Hub can be an excellent option for those who wish to hold ATOM 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 Cosmos Hub (ATOM) Tokens
To lend Cosmos Hub, you need to possess it. To obtain Cosmos Hub, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
Nexo Cosmos Hub (ATOM) 1.95
PrimeXBT Cosmos Hub (ATOM) 1.94
YouHodler Cosmos Hub (ATOM) 1.94
Binance Cosmos Hub (ATOM) 1.95
BTSE Cosmos Hub (ATOM) 1.95
Coinbase Cosmos Hub (ATOM) 1.94
View all 69 prices
2. Choose a Cosmos Hub Lender in the UK
Once you have ATOM, you'll need to choose a Cosmos Hub lending platform to lend your tokens. You can see some options here.
Platform Coin AER
Nexo Cosmos Hub (ATOM) Up to 11% AER
YouHodler Cosmos Hub (ATOM) Up to 16% AER
Bitget Cosmos Hub (ATOM) Up to 9% AER
Coinbase Cosmos Hub (ATOM) Up to 14.04% AER
View all 11 loan rates
3. Lend Your Cosmos Hub
Once you've chosen a platform to lend your Cosmos Hub, transfer your Cosmos Hub into your wallet on the lending platform. Once it's deposited, it will start earning 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 interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compounding interest to maximise your returns.

Platform	Coin	Price
Nexo	Cosmos Hub (ATOM)	1.95
PrimeXBT	Cosmos Hub (ATOM)	1.94
YouHodler	Cosmos Hub (ATOM)	1.94
Binance	Cosmos Hub (ATOM)	1.95
BTSE	Cosmos Hub (ATOM)	1.95
Coinbase	Cosmos Hub (ATOM)	1.94

Platform	Coin	AER
Nexo	Cosmos Hub (ATOM)	Up to 11% AER
YouHodler	Cosmos Hub (ATOM)	Up to 16% AER
Bitget	Cosmos Hub (ATOM)	Up to 9% AER
Coinbase	Cosmos Hub (ATOM)	Up to 14.04% AER

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.