Introduction
Lending Taiko can be a great option for those who want to hold TAIKO 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 Taiko (TAIKO) tokens
To lend Taiko, you need to possess it. To acquire Taiko, you'll need to buy it. You can select from these popular exchanges.
See all 30 pricesPlatform Coin Cost BTSE Taiko (TAIKO) 0.16 BingX Taiko (TAIKO) 0.16 Bitfinex Taiko (TAIKO) 2.14 Bitget Taiko (TAIKO) 0.16 Bitmart Taiko (TAIKO) 0.16 Bitpanda Taiko (TAIKO) 1.93 2. Choose a Taiko lender
Once you have TAIKO, you'll need to choose a Taiko lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Kucoin Taiko (TAIKO) Up to 0.5% p.a. 3. Earn Taiko
Once you've chosen a platform to earn your Taiko, transfer your Taiko 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 138.29M
- 24-hour volume
- USDĀ 15.23M
- Circulating supply
- 89.37M TAIKO
