How to Lend 1inch (1INCH) in Vietnam

Introduction

Lending 1inch is an excellent choice for those looking to hold 1INCH while earning yield. The process may seem intimidating at first, which is why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire 1inch (1INCH) Tokens

   To lend 1inch, you must first own it. To acquire 1inch, you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   Nexo	1inch (1INCH)	0.15
   PrimeXBT	1inch (1INCH)	0.15
   YouHodler	1inch (1INCH)	0.15
   Binance	1inch (1INCH)	0.15
   BTSE	1inch (1INCH)	0.15
   Coinbase	1inch (1INCH)	0.15

   View all 61 prices

2. 2. Select a 1inch Lender

   Once you have 1INCH, you'll need to select a 1inch lending platform to lend your tokens. You can find some options listed here.

   Platform	Coin	Interest rate
   Nebeus	1inch (1INCH)	Earn up to 13% APY
   YouHodler	1inch (1INCH)	Earn up to 12% APY
   Aave	1inch (1INCH)	Earn up to 0.09% APY

   View all 9 loan rates

3. 3. Lend Your 1inch

   After selecting a platform to lend your 1inch, transfer your 1inch into your wallet on that platform. Once deposited, it will begin to earn interest. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Grow Your Savings

   Now all you need to do is relax while your crypto accumulates interest. The more you deposit, the greater your potential earnings. Ensure that your lending platform offers compounding interest to maximize your returns.

Things to Consider

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing. Only lend what you can afford to lose. Review their lending practices, read user reviews, and understand how they secure your cryptocurrency.