Where & how to lend WOO (WOO)

Introduction

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

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

   Platform	Coin	Price
   Bitpanda	WOO (WOO)	$0.178
   Kraken	WOO (WOO)	$0.1773
   OKX	WOO (WOO)	$0.1778
   Binance	WOO (WOO)	$0.1641
   BTSE	WOO (WOO)	$0.1773
   Bitmart	WOO (WOO)	$0.1761

   See all 13 prices

2. 2. Choose a WOO lender

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

   Platform	Coin	Interest rate
   Kucoin	WOO (WOO)	Up to 0.5% APY
   OKX	WOO (WOO)	Up to 1% APY
   Bitget	WOO (WOO)	Up to 1.8% APY

3. 3. Lend your WOO

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