Introduction
Lending DOGWIFHOOD can be a great option for those who want to hold WIF 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. Obtain DOGWIFHOOD (WIF) Tokens
In order to lend DOGWIFHOOD, you need to have it. To obtain DOGWIFHOOD, you’ll need to purchase it. You can choose from these popular exchanges.
See all 5 pricesPlatform Coin Price Uphold DOGWIFHOOD (WIF) 3.24 Kraken DOGWIFHOOD (WIF) 3.25 Kucoin DOGWIFHOOD (WIF) 3.25 Bybit DOGWIFHOOD (WIF) 3.26 Azbit DOGWIFHOOD (WIF) 3.24 2. Choose a DOGWIFHOOD Lender
Once you have WIF, you’ll need to choose a DOGWIFHOOD lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin DOGWIFHOOD (WIF) Up to 0.5 APY 3. Lend Your DOGWIFHOOD
Once you’ve chosen a platform to lending your DOGWIFHOOD, transfer your DOGWIFHOOD 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. 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.
Latest Movements
DOGWIFHOOD (WIF) is currently priced at $0.5 with a 24-hour trading volume of $7,359.43. The market cap of DOGWIFHOOD stands at $431,825, with $998,920,173 WIF in circulation. For those looking to buy or trade DOGWIFHOOD, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $431,825
- 24h volume
- $7,359.43
- Circulating supply
- $998.92M