Where and How to Lend VIDT DAO (VIDT)

Introduction

Lending VIDT DAO can be a great option for those who want to hold VIDT 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 VIDT DAO (VIDT) Tokens

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

   Platform	Coin	Price
   Binance	VIDT DAO (VIDT)	0.03
   BingX	VIDT DAO (VIDT)	0.03
   Bitmart	VIDT DAO (VIDT)	0.03
   MEXC Global	VIDT DAO (VIDT)	0.03
   Kucoin	VIDT DAO (VIDT)	0.03

   See all 5 prices

2. 2. Choose a VIDT DAO Lender

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

   Platform	Coin	Interest rate
   Kucoin	VIDT DAO (VIDT)	Up to 0.50 APY

3. 3. Lend Your VIDT DAO

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