Introduction
Lending Wrapped NCG can be a great option for those who want to hold WNCG 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 Wrapped NCG (WNCG) tokens
In order to lend Wrapped NCG, you need to have it. To obtain Wrapped NCG, you’ll need to purchase it. You can choose from these popular exchanges.
- 2
Choose a Wrapped NCG lender
Once you have WNCG, you’ll need to choose a Wrapped NCG lending platform to lend your tokens. You can see some options here.
- 3
Lend your Wrapped NCG
Once you’ve chosen a platform to lending your Wrapped NCG, transfer your Wrapped NCG 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
Wrapped NCG (WNCG) is currently priced at $0.0661. In the last 24 hours, Wrapped NCG has seen an increase to 0.46. For those looking to buy or trade Wrapped NCG, reputable platforms like BTSE offer avenues to do so securely and efficiently.
- Volume
- $283.29K
