How to Earn dYdX (Wormhole) (DYDX) in Russia: A Step-by-Step Guide

Introduction

Lending dYdX (Wormhole) can be an excellent choice for those in Russia who wish to hold DYDX while generating yield. The process may seem overwhelming, particularly for first-time users. To simplify things, we've created this comprehensive guide tailored for the Russian market.

Step-by-Step Guide

1. Acquire dYdX (Wormhole) (DYDX) Tokens in Russia

To lend dYdX (Wormhole) in Russia, you first need to acquire it. To obtain dYdX (Wormhole), you will need to purchase it from one of the popular cryptocurrency exchanges available in the region.

Platform	Coin	Cost
Nexo	dYdX (Wormhole) (DYDX)	0.16
Binance	dYdX (Wormhole) (DYDX)	0.16
BTSE	dYdX (Wormhole) (DYDX)	0.64
Kraken	dYdX (Wormhole) (DYDX)	0.16
OKX	dYdX (Wormhole) (DYDX)	0.66
Uphold	dYdX (Wormhole) (DYDX)	0.58

View all 46 rates

2. Select a dYdX (Wormhole) Lender in Russia
Once you have DYDX, you'll need to choose a dYdX (Wormhole) lending platform to lend your tokens in Russia. You can explore some options available in the Russian market here.
Platform Coin APY
Kucoin dYdX (Wormhole) (DYDX) Up to 0.5% APY in Russia
MEXC Global dYdX (Wormhole) (DYDX) Up to 0.8% APY in Russia
Explore all 4 lending rates available in Russia
3. Earn dYdX (Wormhole) in Russia Discover the best ways to earn dYdX (Wormhole) in the Russian market
Once you've selected a platform to earn your dYdX (Wormhole), transfer your dYdX (Wormhole) into your wallet on the chosen earning platform. After the deposit is made, it will begin to accrue interest. Some platforms in Russia offer interest payments daily, while others may do so weekly or monthly.
4. Earn Interest
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential earnings. Be sure to choose a lending platform that offers compounding interest to maximize your returns in the Russian market.