Where and How to Lend Cosmos Hub (ATOM)

Introduction

Lending Cosmos Hub can be a great option for those who want to hold ATOM but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Cosmos Hub (ATOM) Tokens

   In order to lend Cosmos Hub, you need to have it. To obtain Cosmos Hub, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Cosmos Hub (ATOM)	6.52
   PrimeXBT	Cosmos Hub (ATOM)	6.5
   M2	Cosmos Hub (ATOM)	6.51
   Uphold	Cosmos Hub (ATOM)	6.5
   Kraken	Cosmos Hub (ATOM)	6.58
   OKX	Cosmos Hub (ATOM)	6.5

   See all 36 prices

2. 2. Choose a Cosmos Hub Lender

   Once you have ATOM, you’ll need to choose a Cosmos Hub lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Nexo	Cosmos Hub (ATOM)	Up to 11 APY
   YouHodler	Cosmos Hub (ATOM)	Up to 16 APY
   Bitget	Cosmos Hub (ATOM)	Up to 9 APY
   Kucoin	Cosmos Hub (ATOM)	Up to 18 APY

   See all 7 lending rates

3. 3. Lend Your Cosmos Hub

   Once you’ve chosen a platform to lending your Cosmos Hub, transfer your Cosmos Hub into your wallet in the lending 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 lending 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.