Introduction
Lending Waves can be a great option for those who want to hold WAVES 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 Waves (WAVES) tokens
To lend Waves, you need to possess it. To acquire Waves, you'll need to buy it. You can select from these popular exchanges.
See all 27 pricesPlatform Coin Cost Azbit Waves (WAVES) 1.07 BingX Waves (WAVES) 1.07 Bitfinex Waves (WAVES) 2.33 Bitget Waves (WAVES) 1.07 Bitmart Waves (WAVES) 1.07 Bitpanda Waves (WAVES) 1.69 2. Choose a Waves lender
Once you have WAVES, you'll need to choose a Waves lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Kucoin Waves (WAVES) Up to 2.8% p.a. 3. Earn Waves
Once you've chosen a platform to earn your Waves, transfer your Waves 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
Waves (WAVES) is currently priced at USD 2.8 with a 24-hour trading volume of USD 26.46M. The market cap of Waves stands at USD 179.79M, with 100M WAVES in circulation. For those looking to buy or trade Waves, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- USD 179.79M
- 24-hour volume
- USD 26.46M
- Circulating supply
- 100M WAVES