Earn up to
11% APY
A comprehensive guide on how to lend Cosmos Hub (ATOM)
We have extensive data on lending Cosmos Hub (ATOM), and we are sharing some of this information with you.
We present various lending options with alternative cryptocurrencies that may pique your interest.
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Lending Cosmos Hub is an excellent choice for those looking to hold ATOM while earning yield. The process may seem intimidating at first, which is why we've created this guide to help you navigate it.
To lend Cosmos Hub, you must first own it. To acquire Cosmos Hub, you will need to buy it. You can select from these well-known exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Nexo | Cosmos Hub (ATOM) | 1.96 |
| PrimeXBT | Cosmos Hub (ATOM) | 1.95 |
| YouHodler | Cosmos Hub (ATOM) | 1.95 |
| Binance | Cosmos Hub (ATOM) | 1.96 |
| BTSE | Cosmos Hub (ATOM) | 1.95 |
| Coinbase | Cosmos Hub (ATOM) | 1.95 |
Once you have ATOM, you'll need to select a Cosmos Hub lending platform to lend your tokens. You can find some options listed here.
| Platform | Coin | Interest rate |
|---|---|---|
| Nexo | Cosmos Hub (ATOM) | Earn up to 11% APY |
| YouHodler | Cosmos Hub (ATOM) | Earn up to 16% APY |
| Bitget | Cosmos Hub (ATOM) | Earn up to 9% APY |
| Coinbase | Cosmos Hub (ATOM) | Earn up to 14.04% APY |
After selecting a platform to lend your Cosmos Hub, transfer your Cosmos Hub 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.
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.
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.
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