Where and How to Earn Immutable (dara)

Introduction

Lending Immutable can be an excellent choice for those looking to hold dara 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 Immutable (dara) Tokens

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

   Platform	Coin	Price
   PrimeXBT	Immutable (dara)	0.27
   YouHodler	Immutable (dara)	0.27
   Binance	Immutable (dara)	0.27
   BTSE	Immutable (dara)	0.27
   Coinbase	Immutable (dara)	0.27
   Kraken	Immutable (dara)	0.27

   See all 64 prices

2. 2. Choose a Immutable Lender

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

   Platform	Coin	Interest rate
   YouHodler	Immutable (dara)	Up to 30% APY
   Kucoin	Immutable (dara)	Up to 0.5% APY

   See all 4 lending rates

3. 3. Earn Immutable

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