Earn up to
1% p.a.
A comprehensive guide on how to lend Elastos (ELA)
We have a wealth of data on lending Elastos (ELA) and we're happy to share some of this with you.
We present some lending options with other coins that may be of interest.
Elastos (ELA) is currently priced at USD 1 with a 24-hour trading volume of USD 378,369. The market cap of Elastos stands at USD 54.31M, with 22.45M ELA in circulation. For those looking to buy or trade Elastos, Bitget offers avenues to do so securely and efficiently
Lending Elastos can be a great option for those who want to hold ELA 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.
To lend Elastos, you need to possess it. To acquire Elastos, you'll need to buy it. You can select from these popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Coinbase | Elastos (ELA) | 1.06 |
| BingX | Elastos (ELA) | 1.05 |
| Bitget | Elastos (ELA) | 1.05 |
| CoinEx | Elastos (ELA) | 1.05 |
| Crypto.com | Elastos (ELA) | 1.06 |
| Gate.io | Elastos (ELA) | 1.04 |
Once you have ELA, you'll need to choose a Elastos lending platform to lend your tokens. You can find some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Bitget | Elastos (ELA) | Up to 1% p.a. |
Once you've chosen a platform to lend your Elastos, transfer your Elastos into your wallet on the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
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 lending platform pays compounding interest to maximise your returns.
Lending your crypto can be risky. Ensure 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.
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