Introduction
Lending Dogechain can be a great option for those who want to hold DC 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 Dogechain (DC) Tokens
In order to lend Dogechain, you need to have it. To obtain Dogechain, you'll need to purchase it. You can choose from these popular exchanges.
See all 8 pricesPlatform Coin Price Kucoin Dogechain (DC) 0.0000911 Bitmart Dogechain (DC) 0.000091 CoinEx Dogechain (DC) 0.00009155 HTX Dogechain (DC) 0.000092 2. Choose a Dogechain Lender
Once you have DC, you'll need to choose a Dogechain lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Dogechain (DC) Up to 0.5% APY 3. Lend Your Dogechain
Once you've chosen a platform to lending your Dogechain, transfer your Dogechain 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
Dogechain (DC) is currently priced at $0.5 with a 24-hour trading volume of $623,923. The market cap of Dogechain stands at $8.49M, with 35.45B DC in circulation. For those looking to buy or trade Dogechain, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $8.49M
- 24h volume
- $623,923
- Circulating supply
- 35.45B DC