Introduction
Lending ChainGPT can be a great option for those who want to hold CGPT 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 ChainGPT (CGPT) Tokens
To be able to lend ChainGPT, you need to have it. To get ChainGPT, you’ll have to buy it. You can pick from these popular exchanges.
See all 30 pricesPlatform Coin Price Binance ChainGPT (CGPT) 0.06 Bitget ChainGPT (CGPT) 0.06 MEXC Global ChainGPT (CGPT) 0.06 Kucoin ChainGPT (CGPT) 0.06 Bitmart ChainGPT (CGPT) 0.06 Gate.io ChainGPT (CGPT) 0.06 2. Choose a ChainGPT Lender
Once you have CGPT, you’ll need to choose a ChainGPT lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin ChainGPT (CGPT) Up to 50 APY 3. Lend Your ChainGPT
Once you’ve chosen a platform to lend your ChainGPT, transfer your ChainGPT 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
ChainGPT (CGPT) is currently priced at USD 50 with a 24-hour trading volume of USD 13.06M. The market cap of ChainGPT stands at USD 171.51M, with 795.38M CGPT in circulation. For those looking to buy or trade ChainGPT, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 171.51M
- 24h volume
- USD 13.06M
- Circulating supply
- 795.38M CGPT