Where and How to Lend Dash (dash)

Introduction

Lending Dash can be a great option for those who want to hold dash 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. Obtain Dash (dash) Tokens

   To lend Dash, you need to have it. To acquire Dash, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Dash (dash)	22.22
   YouHodler	Dash (dash)	22.2
   Kraken	Dash (dash)	21.94
   Binance	Dash (dash)	21.88
   Coinbase	Dash (dash)	21.96
   MEXC Global	Dash (dash)	22.09

   See all 40 prices

2. 2. Choose a Dash Lender

   Once you have dash, you’ll need to choose a Dash lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   YouHodler	Dash (dash)	Up to 12 AER
   Nebeus	Dash (dash)	Up to 4.5 AER
   Kucoin	Dash (dash)	Up to 0.5 AER

   See all 5 lending rates

3. 3. Lend Your Dash

   Once you’ve chosen a platform to lend your Dash, transfer your Dash into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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 ensure your lending platform pays compound interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Ensure 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.