Where and How to Lend Raydium (RAY)

Introduction

Lending Raydium can be a great option for those who wish to hold RAY 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 Raydium (RAY) Tokens

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

   Platform	Coin	Price
   Bitpanda	Raydium (RAY)	5.90
   Uphold	Raydium (RAY)	5.44
   Kraken	Raydium (RAY)	5.96
   OKX	Raydium (RAY)	5.88
   YouHodler	Raydium (RAY)	5.88
   Binance	Raydium (RAY)	5.61

   See all 18 prices

2. 2. Select a Raydium Lender

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

   Platform	Coin	Interest rate
   YouHodler	Raydium (RAY)	Up to 16.00 APY
   Kucoin	Raydium (RAY)	Up to 0.50 APY
   OKX	Raydium (RAY)	Up to 1.00 APY

3. 3. Lend Your Raydium

   After you have selected a platform for lending your Raydium, transfer your Raydium 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.