Where and How to Earn Wormhole (W)

Introduction

Lending Wormhole can be a great option for those who want to hold W 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 Wormhole (W) Tokens

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

   Platform	Coin	Price
   YouHodler	Wormhole (W)	0.09
   OKX	Wormhole (W)	0.08
   Binance	Wormhole (W)	0.09
   BTSE	Wormhole (W)	0.09
   Coinbase	Wormhole (W)	0.09
   Bake	Wormhole (W)	0.09

   See all 42 prices

2. 2. Choose a Wormhole Lender

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

   Platform	Coin	Interest rate
   YouHodler	Wormhole (W)	Up to 16% APY
   Bitget	Wormhole (W)	Up to 0.8% APY
   Kucoin	Wormhole (W)	Up to 0.5% APY

   See all 5 lending rates

3. 3. Earn Wormhole

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