Where and How to Lend WEN ($WEN)

Introduction

Lending WEN can be a great option for those who want to hold $WEN 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 WEN ($WEN) Tokens

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

   Platform	Coin	Price
   Kraken	WEN ($WEN)	0
   YouHodler	WEN ($WEN)	0
   BTSE	WEN ($WEN)	0
   Bitmart	WEN ($WEN)	0
   BingX	WEN ($WEN)	0
   Bitget	WEN ($WEN)	0

   See all 6 prices

2. 2. Choose a WEN Lender

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

   Platform	Coin	Interest rate
   YouHodler	WEN ($WEN)	Up to 30 APY
   Bitget	WEN ($WEN)	Up to 0.4 APY

3. 3. Lend Your WEN

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