Introduction
Lending UniLend Finance can be a great option for those who want to hold UFT 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 UniLend Finance (UFT) tokens
In order to lend UniLend Finance, you need to have it. To obtain UniLend Finance, you’ll need to purchase it. You can choose from these popular exchanges.
- 2
Choose a UniLend Finance lender
Once you have UFT, you’ll need to choose a UniLend Finance lending platform to lend your tokens. You can see some options here.
- 3
Lend your UniLend Finance
Once you’ve chosen a platform to lending your UniLend Finance, transfer your UniLend Finance 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
UniLend Finance (UFT) is currently priced at $0.416, with a 24-hour trading volume of $2.73M. In the last 24 hours, UniLend Finance has experienced a decrease to -0.86. The market cap of UniLend Finance stands at $41.77M, with 100M in circulation. For those looking to buy or trade UniLend Finance, reputable platforms like Binance offer avenues to do so securely and efficiently.
- Market cap
- $41.77M
- Volume
- $2.73M
- Circulating supply
- $100M
