Introduction
Lending Fartcoin can be a great option for those who want to hold FARTCOIN 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 Fartcoin (FARTCOIN) Tokens
To be able to lend Fartcoin, you need to have it. To get Fartcoin, you’ll have to buy it. You can pick from these popular exchanges.
2. Choose a Fartcoin Lender
Once you have FARTCOIN, you’ll need to choose a Fartcoin lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Fartcoin (FARTCOIN) Up to 1.12% APY 3. Lend Your Fartcoin
Once you’ve chosen a platform to lend your Fartcoin, transfer your Fartcoin 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
Fartcoin (FARTCOIN) is currently priced at USD 1.12 with a 24-hour trading volume of USD 197.45M. The market cap of Fartcoin stands at USD 906.86M, with 1B FARTCOIN in circulation. For those looking to buy or trade Fartcoin, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 906.86M
- 24h volume
- USD 197.45M
- Circulating supply
- 1B FARTCOIN