Where and How to Lend Cosmos Hub (ATOM)

Introduction

Lending Cosmos Hub can be a great option for those who wish to hold ATOM but earn interest. The steps can be a bit intimidating, especially the first time you attempt them. That's why we have compiled this guide for you.

Step-by-Step Guide

1. 1. Acquire Cosmos Hub (ATOM) Tokens

   To lend Cosmos Hub, you need to have it. To obtain Cosmos Hub, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Cosmos Hub (ATOM)	6.76
   Bitpanda	Cosmos Hub (ATOM)	6.75
   Uphold	Cosmos Hub (ATOM)	6.74
   PrimeXBT	Cosmos Hub (ATOM)	6.73
   Kraken	Cosmos Hub (ATOM)	6.63
   OKX	Cosmos Hub (ATOM)	6.73

   See all 30 prices

2. 2. Select a Cosmos Hub Lender

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

   Platform	Coin	Interest rate
   Nexo	Cosmos Hub (ATOM)	Up to 11.00 APY
   YouHodler	Cosmos Hub (ATOM)	Up to 16.00 APY
   Bitget	Cosmos Hub (ATOM)	Up to 9.00 APY
   Kucoin	Cosmos Hub (ATOM)	Up to 1.00 APY

   See all 8 lending rates

3. 3. Lend Your Cosmos Hub

   After you have selected a platform for lending your Cosmos Hub, transfer your Cosmos Hub into your wallet on the lending platform. Once it is deposited, it will begin earning interest. Some platforms pay interest on a daily basis, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you have to do is relax while your crypto earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure that you do your research before depositing your crypto. Don’t lend more than you’re prepared to lose. Verify their lending practices, reviews, and how they secure your cryptocurrency.