Sell Pendle (PENDLE)

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What is Pendle?

Pendle (PENDLE) is a yield-trading protocol that aims to provide users with influence over future yields by enabling the tokenisation and trading of them. PENDLE is the governance token of the ecosystem.

  • The Pendle ecosystem utilises an AMM (automated market maker) to provide users with the ability to select fixed or flexible yields. Token holders are also able to lock their tokens for up to 2 years on the ecosystem for additional rewards.
  • As a permissionless yield aggregation protocol, Pendle aims to enable anyone to make trades on yield fluctuations within the market.
  • PENDLE can be exchanged for vePENDLE, which can be used for governance and voting purposes helping to decentralise and stabilise the ecosystem.

With the goal of making directional trading on yield fluctuations accessible and decentralised, Pendle aims to open up this section of the cryptocurrency market to everyone.

How do I sell Pendle?

Enter amount to sell
Enter the amount of Pendle (or AUD equivalent) you would like to sell.
Confirm & sell
Click 'Sell' to confirm your Pendle sale. Your sale will process within minutes.
That’s it!
You’ve sold Pendle! To sell Pendle, you must first own an amount of Pendle. To buy or sell Pendle register for a CoinSpot account here & verify in minutes.

Learn more about Pendle

Why Should I Trade PENDLE with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Pendle no matter what your trading experience is. Unlike other international and Australian Pendle exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Pendle with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Pendle how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Pendle?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Pendle for free.

Cold Storage

If you are holding Pendle as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Pendle. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Pendle. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Pendle has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Pendle is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Pendle exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Pendle & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Pendle safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Pendle portfolio here.
Yes! With CoinSpot you can convert your Pendle to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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