Where and How to Lend EthereumPoW (ETHW)

Introduction

Lending EthereumPoW can be a great option for those who want to hold ETHW 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 EthereumPoW (ETHW) Tokens

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

   Platform	Coin	Price
   Bitpanda	EthereumPoW (ETHW)	3.54
   Kraken	EthereumPoW (ETHW)	3.56
   OKX	EthereumPoW (ETHW)	3.56
   YouHodler	EthereumPoW (ETHW)	3.54
   BTSE	EthereumPoW (ETHW)	3.56
   Bitmart	EthereumPoW (ETHW)	3.29

   See all 16 prices

2. 2. Choose a EthereumPoW Lender

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

   Platform	Coin	Interest rate
   MEXC Global	EthereumPoW (ETHW)	Up to 3 APY
   OKX	EthereumPoW (ETHW)	Up to 1 APY

3. 3. Lend Your EthereumPoW

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