Introduction
Lending D-Drops can be a great option for those who want to hold DOP 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. Obtain D-Drops (DOP) Tokens
In order to lend D-Drops, you need to have it. To obtain D-Drops, you'll need to purchase it. You can choose from these popular exchanges.
See all 12 pricesPlatform Coin Price MEXC Global D-Drops (DOP) 0.0001727 Kucoin D-Drops (DOP) 0.0001746 BingX D-Drops (DOP) 0.0002988 Gate.io D-Drops (DOP) 0.0001719 HTX D-Drops (DOP) 0.0001726 WhiteBit D-Drops (DOP) 0.000171 2. Choose a D-Drops Lender
Once you have DOP, you'll need to choose a D-Drops lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin D-Drops (DOP) Up to 0.5% APY 3. Lend Your D-Drops
Once you've chosen a platform to lending your D-Drops, transfer your D-Drops into your wallet in the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
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 lending 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
D-Drops (DOP) is currently priced at $0.5 with a 24-hour trading volume of $4,796.17. The market cap of D-Drops stands at $3.28M, with 175.19M DOP in circulation. For those looking to buy or trade D-Drops, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $3.28M
- 24h volume
- $4,796.17
- Circulating supply
- 175.19M DOP