Introduction

Lending Hydration can be a great option for those who want to hold HDX but earn yield. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

  1. 1. Obtain Hydration (HDX) Tokens

    In order to lend Hydration, you need to have it. To obtain Hydration, you'll need to purchase it. You can choose from these popular exchanges.

    PlatformCoinPrice
    KrakenHydration (HDX)0.01
  2. 2. Choose a Hydration Lender

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

  3. 3. Earn Hydration

    Once you've chosen a platform to earning your Hydration, transfer your Hydration into your wallet in the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

  4. 4. Earn Interest

    Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning platform pays compounding interest to maximise your returns.

What to be Aware of

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.

Latest Movements

Market cap
$37.78M
24h volume
$159,506
Circulating supply
3.74B HDX
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