Introduction
Lending Dogs can be an excellent choice for those looking to hold DOGS 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. Acquire Dogs (DOGS) Tokens in India
To lend Dogs, you first need to possess it. To acquire Dogs, you'll have to buy it. You can select from these popular Indian exchanges.
See all 33 ratesPlatform Coin Cost YouHodler Dogs (DOGS) 0.000137 Kraken Dogs (DOGS) 0.0001372 OKX Dogs (DOGS) 0.0001345 Binance Dogs (DOGS) 0.0001373 BTSE Dogs (DOGS) 0.000137 Azbit Dogs (DOGS) 0.0001372 2. Choose a Dogs Lender in India
Once you have DOGS, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.
View all 4 lending rates in IndiaPlatform Coin APY YouHodler Dogs (DOGS) Up to 30% APY Kucoin Dogs (DOGS) Up to 0.65% APY 3. Lend Your Dogs in India
Once you've selected a platform to lend your Dogs, transfer your Dogs 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. 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.
Latest Trends in India
Dogs (DOGS) is currently priced at $0.65 with a 24-hour trading volume of $3.78Cr. The market cap of Dogs stands at $22.83Cr, with 51.68KCr DOGS in circulation. For those looking to buy or trade Dogs, YouHodler offers avenues to do so securely and efficiently
- Market capitalization
- $22.83Cr
- 24-hour trading volume
- $3.78Cr
- Circulating supply in the market
- 51.68KCr DOGS