Where and How to Lend Waves (WAVES)

Introduction

Lending Waves can be a great option for those who want to hold WAVES 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 Waves (WAVES) Tokens

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

   Platform	Coin	Price
   Binance	Waves (WAVES)	1.08
   Azbit	Waves (WAVES)	0.82
   BingX	Waves (WAVES)	0.82
   Bitfinex	Waves (WAVES)	2.33
   Bitget	Waves (WAVES)	0.82
   Bitmart	Waves (WAVES)	0.82

   See all 28 prices

2. 2. Choose a Waves Lender

   Once you have WAVES, you'll need to choose a Waves lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Waves (WAVES)	Up to 2.8% APY

3. 3. Lend Your Waves

   Once you've chosen a platform to lending your Waves, transfer your Waves 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.