Introduction
Lending Ankr Network can be a great option for those who want to hold ANKR 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 Ankr Network (ANKR) tokens
To lend Ankr Network, you need to possess it. To acquire Ankr Network, you'll need to buy it. You can select from these popular exchanges.
2. Choose a Ankr Network lender
Once you have ANKR, you'll need to choose a Ankr Network lending platform to lend your tokens. You can find some options here.
See all 4 lending ratesPlatform Coin Interest rate Gemini Ankr Network (ANKR) Up to 0.01% p.a. Kucoin Ankr Network (ANKR) Up to 1.79% p.a. 3. Earn Ankr Network
Once you've chosen a platform to earn your Ankr Network, transfer your Ankr Network 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
Ankr Network (ANKR) is currently priced at USD 1.79 with a 24-hour trading volume of USD 31.42M. The market cap of Ankr Network stands at USD 357.71M, with 10B ANKR in circulation. For those looking to buy or trade Ankr Network, Gemini offers avenues to do so securely and efficiently
- Market capitalisation
- USD 357.71M
- 24-hour volume
- USD 31.42M
- Circulating supply
- 10B ANKR