How to Lend Injective (INJ) in India

Introduction

Lending Injective can be an excellent choice for those looking to hold INJ 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 Injective (INJ) Tokens in India

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

   Platform	Coin	Cost
   PrimeXBT	Injective (INJ)	4.59
   YouHodler	Injective (INJ)	4.59
   Binance	Injective (INJ)	4.59
   BTSE	Injective (INJ)	4.59
   Coinbase	Injective (INJ)	4.59

   See all 63 rates

2. 2. Choose a Injective Lender in India

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

   Platform	Coin	APY
   Nexo	Injective (INJ)	Up to 9% APY
   YouHodler	Injective (INJ)	Up to 16% APY
   Gemini	Injective (INJ)	Up to 0.01% APY

   View all 7 lending rates in India

3. 3. Lend Your Injective in India

   Once you've selected a platform to lend your Injective, transfer your Injective 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.