Introduction
Lending ARPA can be a great option for those who want to hold ARPA but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Acquire ARPA (ARPA) Tokens
To be able to lend ARPA, you need to have it. To get ARPA, you’ll have to buy it. You can pick from these popular exchanges.
See all 35 pricesPlatform Coin Price Kraken ARPA (ARPA) 0.02 Binance ARPA (ARPA) 0.02 Coinbase ARPA (ARPA) 0.02 Bitget ARPA (ARPA) 0.02 MEXC Global ARPA (ARPA) 0.02 Kucoin ARPA (ARPA) 0.02 2. Choose a ARPA Lender
Once you have ARPA, you’ll need to choose a ARPA lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin ARPA (ARPA) Up to 0.5 APY 3. Lend Your ARPA
Once you’ve chosen a platform to lend your ARPA, transfer your ARPA into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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. Try to make sure your lending platform pays compounding interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
ARPA (ARPA) is currently priced at USD 0.5 with a 24-hour trading volume of USD 9.73M. The market cap of ARPA stands at USD 45.17M, with 982.17M ARPA in circulation. For those looking to buy or trade ARPA, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 45.17M
- 24h volume
- USD 9.73M
- Circulating supply
- 982.17M ARPA