Where and How to Earn Pax Dollar (USDP)

Introduction

Lending Pax Dollar can be a great option for those who want to hold USDP 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 Pax Dollar (USDP) Tokens

   To lend Pax Dollar, you need to have it. To get Pax Dollar, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Price
   YouHodler	Pax Dollar (USDP)	1
   Binance	Pax Dollar (USDP)	1
   Azbit	Pax Dollar (USDP)	1
   BingX	Pax Dollar (USDP)	1

   See all 22 prices

2. 2. Choose a Pax Dollar Lender

   Once you have USDP, you'll need to select a Pax Dollar lending platform to lend your tokens. You can check some options here.

   Platform	Coin	Interest rate
   Nexo	Pax Dollar (USDP)	Up to 14% APY
   YouHodler	Pax Dollar (USDP)	Up to 500% APY
   Neverless	Pax Dollar (USDP)	Up to 14% APY
   BTSE	Pax Dollar (USDP)	Up to 5.5% APY

   See all 6 lending rates

3. 3. Earn Pax Dollar

   Once you've selected a platform to earn your Pax Dollar, transfer your Pax Dollar into your wallet on the earning platform. Once it's deposited, it will begin earning interest. Some platforms pay interest daily, while others offer it weekly or monthly.

4. 4. Earn Interest

   Now, you just need to relax while your crypto earns interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximise your returns.

What to Keep in Mind

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.