Where and How to Earn Alchemix (ALCX)

Introduction

Lending Alchemix can be a great option for those who want to hold ALCX but earn yield. The steps can be a bit intimidating, particularly the first time you try them. That’s why we’ve compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain Alchemix (ALCX) Tokens

   To lend Alchemix, you need to have it. To get Alchemix, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Alchemix (ALCX)	9,97
   Kraken	Alchemix (ALCX)	7,49
   OKX	Alchemix (ALCX)	8,54
   Binance	Alchemix (ALCX)	7,55
   Coinbase	Alchemix (ALCX)	7,55
   BingX	Alchemix (ALCX)	7,55

   See all 24 prices

2. 2. Choose a Alchemix Lender

   Once you have ALCX, you'll need to choose a Alchemix lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Gemini	Alchemix (ALCX)	Up to 0,01% APY

3. 3. Earn Alchemix

   Once you've chosen a platform to earn your Alchemix, transfer your Alchemix into your wallet on the earning 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 earning 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.