Introduction
Lending 1inch can be a great option for those who want to hold 1INCH while earning yield. The steps may seem a bit daunting, especially the first time you do them. That's why we've put this guide together for you.
Step-by-Step Guide
1. Obtain 1inch (1INCH) tokens
To lend 1inch, you need to possess it. To acquire 1inch, you'll need to buy it. You can select from these popular exchanges.
See all 61 pricesPlatform Coin Cost Nexo 1inch (1INCH) 0.15 PrimeXBT 1inch (1INCH) 0.15 YouHodler 1inch (1INCH) 0.15 Binance 1inch (1INCH) 0.15 BTSE 1inch (1INCH) 0.15 Coinbase 1inch (1INCH) 0.15 2. Choose a 1inch lender
Once you have 1INCH, you'll need to choose a 1inch lending platform to lend your tokens. You can find some options here.
See all 9 lending ratesPlatform Coin Interest rate Nebeus 1inch (1INCH) Up to 13% p.a. YouHodler 1inch (1INCH) Up to 12% p.a. Aave 1inch (1INCH) Up to 0.09% p.a. 3. Earn 1inch
Once you've chosen a platform to earn your 1inch, transfer your 1inch into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so 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. Ensure your earning platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're prepared to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
1inch (1INCH) is currently priced at USD 0.09 with a 24-hour trading volume of USD 73.19M. The market cap of 1inch stands at USD 534.19M, with 1.4B 1INCH in circulation. For those looking to buy or trade 1inch, Nebeus offers avenues to do so securely and efficiently
- Market capitalisation
- USD 534.19M
- 24-hour volume
- USD 73.19M
- Circulating supply
- 1.4B 1INCH
