Introduction
Lending Tao Meme can be a great option for those who want to hold TAO 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 Tao Meme (TAO) tokens
To lend Tao Meme, you need to possess it. To acquire Tao Meme, you'll need to buy it. You can select from these popular exchanges.
See all 8 pricesPlatform Coin Cost Kraken Tao Meme (TAO) 339.97 CoinEx Tao Meme (TAO) 339.17 Hotcoin Tao Meme (TAO) 339.7 Kucoin Tao Meme (TAO) 340.1 2. Choose a Tao Meme lender
Once you have TAO, you'll need to choose a Tao Meme lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Kucoin Tao Meme (TAO) Up to 0.5% p.a. 3. Earn Tao Meme
Once you've chosen a platform to earn your Tao Meme, transfer your Tao Meme 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
Tao Meme (TAO) is currently priced at USDĀ 0.5. For those looking to buy or trade Tao Meme, Kucoin offers avenues to do so securely and efficiently