Introduction
Lending Gas can be a great option for those who want to hold GAS 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
Obtain Gas (GAS) tokens
In order to lend Gas, you need to have it. To obtain Gas, you’ll need to purchase it. You can choose from these popular exchanges.
- 2
Choose a Gas lender
Once you have GAS, you’ll need to choose a Gas lending platform to lend your tokens. You can see some options here.
- 3
Lend your Gas
Once you’ve chosen a platform to lending your Gas, transfer your Gas 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
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.
Latest movements
Gas (GAS) is currently priced at $4.86, with a 24-hour trading volume of $20.13M. In the last 24 hours, Gas has experienced a decrease to -0.67. The market cap of Gas stands at $326.66M, with 67.71M in circulation. For those looking to buy or trade Gas, reputable platforms like Binance and Crypto.com offer avenues to do so securely and efficiently.
- Market cap
- $326.66M
- Volume
- $20.13M
- Circulating supply
- $67.71M
