Introduction
Lending Starknet can be a great option for those who want to hold STRK but earn yield. The steps can be 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. Acquire Starknet (STRK) Tokens
To lend Starknet, you'll need to have it. To get Starknet, you'll need to buy it. You can choose from these popular exchanges.
See all 58 pricesPlatform Coin Price YouHodler Starknet (STRK) 0.12 Uphold Starknet (STRK) 0.14 Kraken Starknet (STRK) 0.12 OKX Starknet (STRK) 0.12 Binance Starknet (STRK) 0.12 BTSE Starknet (STRK) 0.12 2. Choose a Starknet Lender
Once you have STRK, you'll need to choose a Starknet lending platform to lend your tokens. You can see some options here.
See all 4 borrowing ratesPlatform Coin Interest rate YouHodler Starknet (STRK) Up to 16% APY Kucoin Starknet (STRK) Up to 0.5% APY 3. Earn Starknet
Once you've chosen a platform for earning your Starknet, transfer your Starknet into your wallet on the earning platform. Once it's deposited, it'll start earning interest. Some platforms pay interest daily, while others offer it 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. Try to make sure your earning platform pays compounding interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Starknet (STRK) is currently priced at USD 16 with a 24-hour trading volume of USD 66.99M. The market cap of Starknet stands at USD 1.04B, with 2.42B STRK in circulation. For those looking to buy or trade Starknet, YouHodler offers avenues to do so securely and efficiently
- Market cap
- USD 1.04B
- 24h volume
- USD 66.99M
- Circulating supply
- 2.42B STRK