How to Lend Hyperliquid (HYPE) in India: A Step-by-Step Guide

Introduction

Lending Hyperliquid can be an excellent choice for those looking to hold HYPE 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 Hyperliquid (HYPE) Tokens in India
To lend Hyperliquid, you first need to possess it. To acquire Hyperliquid, you'll have to buy it. You can select from these popular Indian exchanges.
Platform Coin Cost
PrimeXBT Hyperliquid (HYPE) 26.97
YouHodler Hyperliquid (HYPE) 26.93
OKX Hyperliquid (HYPE) 27.04
BingX Hyperliquid (HYPE) 26.99
Bitget Hyperliquid (HYPE) 26.34
Bitmart Hyperliquid (HYPE) 26.98
See all 45 rates
2. Choose a Hyperliquid Lender in India
Once you have HYPE, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.
Platform Coin APY
Kucoin Hyperliquid (HYPE) Up to 0.22% APY
3. Lend Your Hyperliquid in India
Once you've selected a platform to lend your Hyperliquid, transfer your Hyperliquid 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.

Platform	Coin	Cost
PrimeXBT	Hyperliquid (HYPE)	26.97
YouHodler	Hyperliquid (HYPE)	26.93
OKX	Hyperliquid (HYPE)	27.04
BingX	Hyperliquid (HYPE)	26.99
Bitget	Hyperliquid (HYPE)	26.34
Bitmart	Hyperliquid (HYPE)	26.98

Platform	Coin	APY
Kucoin	Hyperliquid (HYPE)	Up to 0.22% APY

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.