missing en-id translation: how-to.verb.earn.hero.heading

Introduction

Lending Polkadot can be an excellent choice for those in Indonesia looking to hold DOT 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 Polkadot (DOT) Tokens in Indonesia

   To lend Polkadot in Indonesia, you first need to acquire it. To obtain Polkadot, 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
   Nexo	Polkadot (DOT)	2,09
   PrimeXBT	Polkadot (DOT)	2,08
   EarnPark	Polkadot (DOT)	2,06
   YouHodler	Polkadot (DOT)	2,08
   Binance	Polkadot (DOT)	2,08
   BTSE	Polkadot (DOT)	2,08

   Check out all 67 prices available

2. 2. Select a Polkadot Lending Partner in Indonesia

   Once you have DOT, you'll need to select a Polkadot 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)
   Nexo	Polkadot (DOT)	Up to 15% APY in Indonesia
   EarnPark	Polkadot (DOT)	Up to 5,5% APY in Indonesia
   YouHodler	Polkadot (DOT)	Up to 16% APY in Indonesia
   Bitget	Polkadot (DOT)	Up to 8,6% APY in Indonesia
   Blockchain.com	Polkadot (DOT)	Up to 5% APY in Indonesia

   Explore all 16 lending rates available in Indonesia

3. 3. Earn Polkadot in Indonesia

   Once you've selected a platform to earn your Polkadot, transfer your Polkadot 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