Earn up to
4% p.a.
A comprehensive guide on how to lend Enjin Coin (ENJ)
We have a wealth of data on lending Enjin Coin (ENJ) and we're happy to share some of this with you.
We present some lending options with other coins that may be of interest.
Enjin Coin (ENJ) is currently priced at USD 4 with a 24-hour trading volume of USD 20.28M. The market cap of Enjin Coin stands at USD 360.31M, with 1.79B ENJ in circulation. For those looking to buy or trade Enjin Coin, Kucoin offers avenues to do so securely and efficiently
Lending Enjin Coin can be a great option for those who want to hold ENJ 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 Enjin Coin, you need to possess it. To acquire Enjin Coin, you'll need to buy it. You can select from these popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Binance | Enjin Coin (ENJ) | 0.03 |
| BTSE | Enjin Coin (ENJ) | 0.03 |
| Coinbase | Enjin Coin (ENJ) | 0.29 |
| Kraken | Enjin Coin (ENJ) | 0.03 |
| OKX | Enjin Coin (ENJ) | 0.1 |
| Bake | Enjin Coin (ENJ) | 0.03 |
Once you have ENJ, you'll need to choose a Enjin Coin lending platform to lend your tokens. You can find some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Kucoin | Enjin Coin (ENJ) | Up to 4% p.a. |
Once you've chosen a platform to lend your Enjin Coin, transfer your Enjin Coin 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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