Where & how to lend Wanchain (WAN)

Introduction

Lending Wanchain can be a great option for those who want to hold WAN 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 Wanchain (WAN) tokens

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

   Platform	Coin	Price
   Bitpanda	Wanchain (WAN)	$0.1761
   Binance	Wanchain (WAN)	$0.1756

2. 2. Choose a Wanchain lender

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

   Platform	Coin	Interest rate
   Kucoin	Wanchain (WAN)	Up to 0.5% APY

3. 3. Lend your Wanchain

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