Introduction
Lending XEN Crypto can be a great option for those who want to hold XEN 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 XEN Crypto (XEN) tokens
To lend XEN Crypto, you need to possess it. To acquire XEN Crypto, you'll need to buy it. You can select from these popular exchanges.
2. Choose a XEN Crypto lender
Once you have XEN, you'll need to choose a XEN Crypto lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Bitget XEN Crypto (XEN) Up to 8% p.a. MEXC Global XEN Crypto (XEN) Up to 0.5% p.a. 3. Earn XEN Crypto
Once you've chosen a platform to earn your XEN Crypto, transfer your XEN Crypto 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
missing en-au translation: common.latest-movements-copy
- Market capitalisation
- USDĀ 21.92M
- 24-hour volume
- USDĀ 1.73M
- Circulating supply
- 171.22T XEN
