Introduction
Lending VITE can be a great option for those who want to hold VITE 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 VITE (VITE) tokens
In order to lend VITE, you need to have it. To obtain VITE, you’ll need to purchase it. You can choose from these popular exchanges.
- 2
Choose a VITE lender
Once you have VITE, you’ll need to choose a VITE lending platform to lend your tokens. You can see some options here.
- 3
Lend your VITE
Once you’ve chosen a platform to lending your VITE, transfer your VITE 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
VITE (VITE) is currently priced at $0.0229, with a 24-hour trading volume of $1.76M. In the last 24 hours, VITE has experienced a decrease to -2.09. The market cap of VITE stands at $27.75M, with 1.09B in circulation. For those looking to buy or trade VITE, reputable platforms like Binance and BTSE offer avenues to do so securely and efficiently.
- Market cap
- $27.75M
- Volume
- $1.76M
- Circulating supply
- $1.09B
