We are excited to share with you that we are going to increase the rate of interest on our Lend product. Lend is a secure and easy way to earn interests on your cryptos and going forward, you can earn more than 16% annual interest on the cryptos that you lend to CoinDCX.
Why are we doing this?
Assets in lending are used by margin traders to borrow. With the increasing demand on our margin trading, we want to pass on this benefit to the people who deserve, our loyal lenders like you. Hence we have decided to increase the interest rates on lend. You’d be pleased to know that this places us amongst the platforms with highest lending rates offering an annual interest rate of up to 16%.
The changes will be effective from March 05, 2021 and will be applicable only to all new lend orders placed after 11.59 PM (IST), March 04, 2021.
You can see the new interest rates for each crypto listed in Lend on our official page – https://coindcx.com/lend
We thank you all for your love & support!