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Introduction

Lending Cosmos Hub can be an excellent choice for those looking to hold ATOM 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 Cosmos Hub (ATOM) Tokens

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

   Platform	Coin	Price
   Nexo	Cosmos Hub (ATOM)	2.57
   PrimeXBT	Cosmos Hub (ATOM)	2.57
   YouHodler	Cosmos Hub (ATOM)	2.56
   Binance	Cosmos Hub (ATOM)	2.57
   BTSE	Cosmos Hub (ATOM)	2.57
   Coinbase	Cosmos Hub (ATOM)	2.56

   See all 69 prices

2. 2. Choose a Cosmos Hub Lender

   Once you have ATOM, you'll need to select a Cosmos Hub lending platform to lend your tokens. You can explore some options here.

   Platform	Coin	Interest rate
   Nexo	Cosmos Hub (ATOM)	Up to 11% APY
   YouHodler	Cosmos Hub (ATOM)	Up to 16% APY
   Bitget	Cosmos Hub (ATOM)	Up to 9% APY
   Coinbase	Cosmos Hub (ATOM)	Up to 14.04% APY

   See all 11 lending rates

3. 3. Earn Cosmos Hub

   Once you've selected a platform to earn your Cosmos Hub, transfer your Cosmos Hub 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.