Introduction
Lending Dogs can be an excellent choice for those looking to hold DOGS while earning a return. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
Step-by-Step Guide for South African Investors
1. Acquire Dogs (DOGS) Tokens
To lend Dogs, you first need to possess it. To acquire Dogs, you'll need to buy it. You can select from these well-known exchanges.
View all 33 pricesPlatform Mint Cost YouHodler Dogs (DOGS) 0,00004197 Binance Dogs (DOGS) 0,0000419 BTSE Dogs (DOGS) 0,000042 Kraken Dogs (DOGS) 0,0000421 OKX Dogs (DOGS) 0,0001319 Azbit Dogs (DOGS) 0,000042 2. Select a Dogs Lender
Once you have DOGS, you'll need to select a Dogs lending platform to lend your tokens. You can explore some options here.
View all 4 lending APYsPlatform Mint APY YouHodler Dogs (DOGS) Up to 30% APY Kucoin Dogs (DOGS) Up to 4% APY 3. Lend Your Dogs
Once you've selected a platform to lend your Dogs, transfer your Dogs into your wallet on the lending platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in South Africa
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.
What to Keep in Mind
Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements in the Market
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- Market capitalisation
- US$228,28M
- 24-hour trading volume
- US$37,83M
- Circulating supply
- 516,75B DOGS
