Introduction
Lending Celer Network can be a great option for those who want to hold CELR 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 Celer Network (CELR) tokens
To lend Celer Network, you need to possess it. To acquire Celer Network, you'll need to buy it. You can select from these popular exchanges.
2. Choose a Celer Network lender
Once you have CELR, you'll need to choose a Celer Network lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Kucoin Celer Network (CELR) Up to 0.5% p.a. 3. Earn Celer Network
Once you've chosen a platform to earn your Celer Network, transfer your Celer 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
Celer Network (CELR) is currently priced at USD 0.5 with a 24-hour trading volume of USD 6.82M. The market cap of Celer Network stands at USD 94.14M, with 5.65B CELR in circulation. For those looking to buy or trade Celer Network, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- USD 94.14M
- 24-hour volume
- USD 6.82M
- Circulating supply
- 5.65B CELR