Where and How to Earn 1inch (1INCH)

Introduction

Lending 1inch can be an excellent choice for those looking to hold 1INCH while earning yield. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide to help you navigate through it smoothly.

Step-by-Step Guide

1. 1. Acquire 1inch (1INCH) Tokens

   To lend 1inch, you must first acquire it. To obtain 1inch, you'll need to purchase it. You can select from these popular exchanges available in Nigeria.

   Platform	Coin	Price
   Nexo	1inch (1INCH)	0.15
   PrimeXBT	1inch (1INCH)	0.15
   YouHodler	1inch (1INCH)	0.15
   Binance	1inch (1INCH)	0.15
   BTSE	1inch (1INCH)	0.15
   Coinbase	1inch (1INCH)	0.15

   See all 61 prices

2. 2. Choose a 1inch Lender

   Once you have 1INCH, you'll need to select a 1inch lending platform to lend your tokens. You can explore some options here.

   Platform	Coin	Interest rate
   Nebeus	1inch (1INCH)	Up to 13% APY
   YouHodler	1inch (1INCH)	Up to 12% APY
   Aave	1inch (1INCH)	Up to 0.09% APY

   See all 9 lending rates

3. 3. Earn 1inch

   Once you've selected a platform to earn your 1inch, transfer your 1inch into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest

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

What to be Aware of

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