Earn up to
30% APY
An in-depth guide on how to lend Pudgy Penguins (pengu)
We have a lot of data on lending Pudgy Penguins (pengu) and we share some of this with you.
We show you some lending options with other coins that could be of interest.
Pudgy Penguins (pengu) is currently priced at $1.24 with a 24-hour trading volume of $53.92M. The market cap of Pudgy Penguins stands at $350.74M, with 62.86B pengu in circulation. For those looking to buy or trade Pudgy Penguins, YouHodler offers avenues to do so securely and efficiently}
Lending Pudgy Penguins can be a great option for those who want to hold pengu 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.
In order to lend Pudgy Penguins, you need to have it. To obtain Pudgy Penguins, you'll need to purchase it. You can choose from these popular exchanges.
Once you have pengu, you'll need to choose a Pudgy Penguins lending platform to lend your tokens. You can see some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| YouHodler | Pudgy Penguins (pengu) | Up to 30% APY |
| Kucoin | Pudgy Penguins (pengu) | Up to 1.24% APY |
Once you've chosen a platform to lending your Pudgy Penguins, transfer your Pudgy Penguins 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.
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.
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.
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