Introduction
Lending eCash can be a great option for those who want to hold XEC 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 eCash (XEC) tokens
To lend eCash, you need to possess it. To acquire eCash, you'll need to buy it. You can select from these popular exchanges.
See all 24 pricesPlatform Coin Cost Binance eCash (XEC) 0.00001065 BingX eCash (XEC) 0.00001064 Bitmart eCash (XEC) 0.00002046 Bitpanda eCash (XEC) 0.00004911 CoinEx eCash (XEC) 0.00001061 FMFW.io eCash (XEC) 0.00001036 2. Choose a eCash lender
Once you have XEC, you'll need to choose a eCash lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Kucoin eCash (XEC) Up to 0.5% p.a. 3. Earn eCash
Once you've chosen a platform to earn your eCash, transfer your eCash 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
missing en-au translation: common.latest-movements-copy
- Market capitalisation
- USDĀ 703.14M
- 24-hour volume
- USDĀ 36.02M
- Circulating supply
- 19.81T XEC
