PENDLE is a DeFi protocol that lets users trade future yield, separating principal and interest on yield-bearing tokens.
Pendle
's popularity has made it readily accessible through various platforms, including our app. If you're interested in buying
Pendle
, here's how you can do it through our app:
To get started, download and install our app from your preferred app store.
With no foreign transaction fees, you can spend your crypto globally, anywhere Visa is accepted.
Deposit crypto to your Wayex Wallet or deposit $AUD via PaylD or BSB & Account Number within seconds.
Once you're verified and have your funds ready, navigate to the
Pendle
(PENDLE)
section within the app. Here you can view real-time prices, historical data, and market trends.
Specify the amount of
Pendle
you want to buy and confirm your order. You can choose to buy a fraction of a
Pendle
or whole units, depending on your preference and budget.
Done! You have now bought
Pendle
. What now? You can either keep your crypto in your Wayex Wallet or you can transfer it to a different hot or cold storage wallet for added security, or you can cash out and spend your crypto through the Wayex Card, which converts your crypto into fiat in real-time! It works anywhere Visa is accepted.
Pendle is a DeFi protocol that allows users to trade future yield by splitting yield-bearing tokens into two parts: principal and yield. This creates new opportunities for fixed-income investments, yield speculation, and optimised DeFi strategies. By tokenising future yield, Pendle gives users more flexibility over their assets, allowing them to either lock in guaranteed returns or speculate on future yield fluctuations. It’s a powerful tool for maximising earnings in DeFi.
**All information in this article is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Wayex to invest, buy, or sell any coins, tokens, or other crypto assets. Any descriptions of Wayex products or features are merely for illustrative purposes. Past performance is not a guarantee or predictor of future performance. The value of crypto assets can increase or decrease, and you could lose all or a substantial amount of your purchase price. It is essential for you to do your research and due diligence to make the best possible judgement, as any purchases shall be your sole responsibility.