Introduction
Lending TokenFi can be a great option for those who want to hold TOKEN 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 TokenFi (TOKEN) tokens
To lend TokenFi, you need to possess it. To acquire TokenFi, you'll need to buy it. You can select from these popular exchanges.
See all 27 pricesPlatform Coin Cost BTSE TokenFi (TOKEN) 0.01 Kraken TokenFi (TOKEN) 0.01 Uphold TokenFi (TOKEN) 0.02 BingX TokenFi (TOKEN) 0.01 Bitfinex TokenFi (TOKEN) 0.01 Bitmart TokenFi (TOKEN) 0.01 2. Choose a TokenFi lender
Once you have TOKEN, you'll need to choose a TokenFi lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Kucoin TokenFi (TOKEN) Up to 0.83% p.a. 3. Earn TokenFi
Once you've chosen a platform to earn your TokenFi, transfer your TokenFi 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
TokenFi (TOKEN) is currently priced at USD 0.83 with a 24-hour trading volume of USD 47.49M. The market cap of TokenFi stands at USD 99.05M, with 1.88B TOKEN in circulation. For those looking to buy or trade TokenFi, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- USD 99.05M
- 24-hour volume
- USD 47.49M
- Circulating supply
- 1.88B TOKEN