Introduction
Lending Augur can be a great option for those who want to hold REP 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 Augur (REP) tokens
To lend Augur, you need to possess it. To acquire Augur, you'll need to buy it. You can select from these popular exchanges.
See all 11 pricesPlatform Coin Cost Kraken Augur (REP) 0.99 Binance Augur (REP) 4.73 Coinbase Augur (REP) 0.68 BingX Augur (REP) 1.2 Bitpanda Augur (REP) 0.68 2. Choose a Augur lender
Once you have REP, you'll need to choose a Augur lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate YouHodler Augur (REP) Up to 12% p.a. 3. Earn Augur
Once you've chosen a platform to earn your Augur, transfer your Augur 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
Augur (REP) is currently priced at USD 12 with a 24-hour trading volume of USD 137,664. The market cap of Augur stands at USD 5.06M, with 8.04M REP in circulation. For those looking to buy or trade Augur, YouHodler offers avenues to do so securely and efficiently
- Market capitalisation
- USD 5.06M
- 24-hour volume
- USD 137,664
- Circulating supply
- 8.04M REP