Where & how to lend JasmyCoin (JASMY)

Introduction

Lending JasmyCoin can be a great option for those who want to hold JASMY 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

1. 1. Obtain JasmyCoin (JASMY) tokens

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

   Platform	Coin	Price
   Bitpanda	JasmyCoin (JASMY)	$0.0209
   Kraken	JasmyCoin (JASMY)	$0.0209
   Binance	JasmyCoin (JASMY)	$0.0195
   YouHodler	JasmyCoin (JASMY)	$0.0209
   Coinbase	JasmyCoin (JASMY)	$0.0209
   Bitmart	JasmyCoin (JASMY)	$0.019

   See all 13 prices

2. 2. Choose a JasmyCoin lender

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

   Platform	Coin	Interest rate
   YouHodler	JasmyCoin (JASMY)	Up to 30% APY
   Kucoin	JasmyCoin (JASMY)	Up to 0.5% APY

3. 3. Lend your JasmyCoin

   Once you’ve chosen a platform to lending your JasmyCoin, transfer your JasmyCoin 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.