Where and How to Lend XDC Network (XDC)

Introduction

Lending XDC Network can be a great option for those who want to hold XDC 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 XDC Network (XDC) Tokens

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

   Platform	Coin	Price
   Bitpanda	XDC Network (XDC)	0.06
   Uphold	XDC Network (XDC)	0.04
   Bitmart	XDC Network (XDC)	0.04
   MEXC Global	XDC Network (XDC)	0.06
   BingX	XDC Network (XDC)	0.06
   Bitget	XDC Network (XDC)	0.06

   See all 12 prices

2. 2. Choose a XDC Network Lender

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

   Platform	Coin	Interest rate
   Kucoin	XDC Network (XDC)	Up to 0.03 APY

3. 3. Lend Your XDC Network

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