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Where and How to Lend Dogecoin (DOGE)

Earn up to
3.00 APY

Lend with Nexo

What you'll learn

  1. 1

    How to Lend Dogecoin (DOGE)

    An in-depth guide on how to lend Dogecoin (DOGE)

  2. 2

    Statistics about Dogecoin Lending

    We have a lot of data on lending Dogecoin (DOGE) and we share some of this with you.

  3. 3

    Other coins you can Lend

    We show you some lending options with other coins that could be of interest.

Introduction

Lending Dogecoin can be a great option for those who want to hold DOGE 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 Dogecoin (DOGE) Tokens

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

  2. 2. Choose a Dogecoin Lender

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

    PlatformCoinInterest rate
    NexoDogecoin (DOGE)Up to 3.00 APY
    EarnParkDogecoin (DOGE)Up to 7.00 APY
    MEXC GlobalDogecoin (DOGE)Up to 1.00 APY
    KucoinDogecoin (DOGE)Up to 0.33 APY
    See all 11 lending rates
  3. 3. Lend Your Dogecoin

    Once you’ve chosen a platform to lending your Dogecoin, transfer your Dogecoin 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. 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

Dogecoin (DOGE) is currently priced at $1.00 with a 24-hour trading volume of $1.99B. The market cap of Dogecoin stands at $24.41B, with $146.60B DOGE in circulation. For those looking to buy or trade Dogecoin, Nexo offers avenues to do so securely and efficiently}

Market cap
$24.41B
24h volume
$1.99B
Circulating supply
$146.60B
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