Where and How to Earn GMX (GMX)

简介

Lending GMX for those who want to hold GMX, but also earn yield, can be a good choice. The steps might be a bit intimidating, especially the first time you try them. Therefore, we've prepared this guide for you.

Step-by-step Guide

1. 1. Obtain GMX (GMX) Tokens

   To lend GMX, you need to already own it. To get GMX, you’ll need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Price
   Nexo	GMX (GMX)	14.77
   Uphold	GMX (GMX)	16.06
   OKX	GMX (GMX)	14.77
   Binance	GMX (GMX)	14.76
   MEXC Global	GMX (GMX)	14.75
   Bitget	GMX (GMX)	14.76

   See all 35 prices

2. 2. Choose a GMX Lender

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

   Platform	Coin	Interest rate
   Bitget	GMX (GMX)	Up to 2.5% APY

3. 3. Earn GMX

   After selecting a platform for earning your GMX, transfer your GMX to your wallet on the earning platform. Once deposited, it begins to earn interest. Some platforms provide interest payouts daily, while others do so weekly or monthly.

4. 4. Earn收益

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximize your returns.

Things to Note

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.