Introduction
Lending Threshold Network can be a great option for those who want to hold T 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 Threshold Network (T) tokens
To lend Threshold Network, you need to possess it. To acquire Threshold Network, you'll need to buy it. You can select from these popular exchanges.
2. Choose a Threshold Network lender
Once you have T, you'll need to choose a Threshold Network lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Kucoin Threshold Network (T) Up to 0.5% p.a. 3. Earn Threshold Network
Once you've chosen a platform to earn your Threshold Network, transfer your Threshold 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
Threshold Network (T) is currently priced at USD 0.5 with a 24-hour trading volume of USD 34.88M. The market cap of Threshold Network stands at USD 291.27M, with 10.07B T in circulation. For those looking to buy or trade Threshold Network, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- USD 291.27M
- 24-hour volume
- USD 34.88M
- Circulating supply
- 10.07B T