How to Lend ApeCoin (APE) in Vietnam

Introduction

Lending ApeCoin is an excellent choice for those looking to hold APE 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 ApeCoin (APE) Tokens

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

   Platform	Coin	Cost
   Nexo	ApeCoin (APE)	0.2
   PrimeXBT	ApeCoin (APE)	0.2
   Uphold	ApeCoin (APE)	0.7
   Bake	ApeCoin (APE)	0.2
   BingX	ApeCoin (APE)	0.2
   Bitfinex	ApeCoin (APE)	0.2

   View all 36 prices

2. 2. Select a ApeCoin Lender

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

   Platform	Coin	Interest rate
   Nexo	ApeCoin (APE)	Earn up to 9% APY
   Bitget	ApeCoin (APE)	Earn up to 12% APY
   Blockchain.com	ApeCoin (APE)	Earn up to 1% APY
   Gemini	ApeCoin (APE)	Earn up to 0.01% APY

   View all 6 loan rates

3. 3. Lend Your ApeCoin

   After selecting a platform to lend your ApeCoin, transfer your ApeCoin 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.