How to Lend Cosmos Hub (ATOM) in India

Introduction

Lending Cosmos Hub can be an excellent choice for those looking to hold ATOM while earning returns. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this comprehensive guide tailored for you.

Step-by-Step Guide for Indian Investors

1. 1. Acquire Cosmos Hub (ATOM) Tokens in India

   To lend Cosmos Hub, you first need to possess it. To acquire Cosmos Hub, you'll have to buy it. You can select from these popular Indian exchanges.

   Platform	Coin	Cost
   Nexo	Cosmos Hub (ATOM)	1.95
   PrimeXBT	Cosmos Hub (ATOM)	1.94
   YouHodler	Cosmos Hub (ATOM)	1.94
   Binance	Cosmos Hub (ATOM)	1.95
   BTSE	Cosmos Hub (ATOM)	1.95
   Coinbase	Cosmos Hub (ATOM)	1.94

   See all 69 rates

2. 2. Choose a Cosmos Hub Lender in India

   Once you have ATOM, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.

   Platform	Coin	APY
   Nexo	Cosmos Hub (ATOM)	Up to 11% APY
   YouHodler	Cosmos Hub (ATOM)	Up to 16% APY
   Bitget	Cosmos Hub (ATOM)	Up to 9% APY
   Coinbase	Cosmos Hub (ATOM)	Up to 14.04% APY

   View all 11 lending rates in India

3. 3. Lend Your Cosmos Hub in India

   Once you've selected a platform to lend your Cosmos Hub, transfer your Cosmos Hub into your wallet on the lending platform. After the deposit is made, it will begin to earn APY. Some platforms offer interest payouts daily, while others may do so weekly or monthly.

4. 4. Earn Interest in India

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding interest to maximise your earnings.

What to Keep in Mind

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto assets. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.