How to Lend Binance-Peg IoTeX (IOTX) in Vietnam

Introduction

Lending Binance-Peg IoTeX is an excellent choice for those looking to hold IOTX 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 Binance-Peg IoTeX (IOTX) Tokens

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

   Platform	Coin	Cost
   Azbit	Binance-Peg IoTeX (IOTX)	0.01
   Kucoin	Binance-Peg IoTeX (IOTX)	0.01

2. 2. Select a Binance-Peg IoTeX Lender

   Once you have IOTX, you'll need to select a Binance-Peg IoTeX lending platform to lend your tokens. You can find some options listed here.

   Platform	Coin	Interest rate
   Kucoin	Binance-Peg IoTeX (IOTX)	Earn up to 100% APY

3. 3. Lend Your Binance-Peg IoTeX

   After selecting a platform to lend your Binance-Peg IoTeX, transfer your Binance-Peg IoTeX 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.