Introduction
Lending Wanchain can be a great option for those who want to hold WAN 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 Wanchain (WAN) tokens
To lend Wanchain, you need to possess it. To acquire Wanchain, you'll need to buy it. You can select from these popular exchanges.
See all 9 pricesPlatform Coin Cost Binance Wanchain (WAN) 0.07 Bitpanda Wanchain (WAN) 0.22 CoinEx Wanchain (WAN) 0.07 HTX Wanchain (WAN) 0.07 Kucoin Wanchain (WAN) 0.07 2. Choose a Wanchain lender
Once you have WAN, you'll need to choose a Wanchain lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Kucoin Wanchain (WAN) Up to 0.5% p.a. 3. Earn Wanchain
Once you've chosen a platform to earn your Wanchain, transfer your Wanchain 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
Wanchain (WAN) is currently priced at USD 0.5 with a 24-hour trading volume of USD 1.11M. The market cap of Wanchain stands at USD 40.84M, with 198.4M WAN in circulation. For those looking to buy or trade Wanchain, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- USD 40.84M
- 24-hour volume
- USD 1.11M
- Circulating supply
- 198.4M WAN
