How to Lend Injective (INJ) in Vietnam

Introduction

Lending Injective is an excellent choice for those looking to hold INJ 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 Injective (INJ) Tokens

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

   Platform	Coin	Cost
   PrimeXBT	Injective (INJ)	4.6
   YouHodler	Injective (INJ)	4.6
   Binance	Injective (INJ)	4.6
   BTSE	Injective (INJ)	4.6
   Coinbase	Injective (INJ)	4.59

   View all 63 prices

2. 2. Select a Injective Lender

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

   Platform	Coin	Interest rate
   Nexo	Injective (INJ)	Earn up to 9% APY
   YouHodler	Injective (INJ)	Earn up to 16% APY
   Gemini	Injective (INJ)	Earn up to 0.01% APY

   View all 7 loan rates

3. 3. Lend Your Injective

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