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Introduction

Lending Pendle can be an excellent choice for those in Indonesia looking to hold PENDLE while earning a yield. The process might seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide

1. 1. Acquire Pendle (PENDLE) Tokens in Indonesia

   To lend Pendle in Indonesia, you first need to acquire it. To obtain Pendle, you will need to purchase it from one of the popular exchanges available in the region.

   Platform in Indonesia	Koin	Price in Indonesia can vary significantly based on market demand and local economic conditions
   PrimeXBT	Pendle (PENDLE)	2,04
   YouHodler	Pendle (PENDLE)	2,05
   Binance	Pendle (PENDLE)	2,05
   BTSE	Pendle (PENDLE)	2,04
   Coinbase	Pendle (PENDLE)	2,05
   Kraken	Pendle (PENDLE)	2,05

   Check out all 55 prices available

2. 2. Select a Pendle Lending Partner in Indonesia

   Once you have PENDLE, you'll need to select a Pendle lending platform to lend your tokens. In Indonesia, there are several options available that cater to local users. You can explore some of these platforms here.

   Platform in Indonesia	Koin	APY (Annual Percentage Yield)
   YouHodler	Pendle (PENDLE)	Up to 30% APY in Indonesia
   Kucoin	Pendle (PENDLE)	Up to 0,5% APY in Indonesia

   Explore all 4 lending rates available in Indonesia

3. 3. Earn Pendle in Indonesia

   Once you've selected a platform to earn your Pendle, transfer your Pendle into your wallet on the chosen earning platform. After the deposit is made, it will begin to accrue interest. Some platforms in Indonesia offer daily interest payouts, while others may provide interest on a weekly or monthly basis.

4. 4. Earn Interest

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the more APY you can accumulate. Ensure that your earning platform offers compounding interest to maximize your returns in the Indonesian market.

What to Consider in Indonesia

Lending your cryptocurrency in Indonesia can come with its own set of risks