Introduction
Lending Flux can be a great option for those who want to hold FLUX 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 Flux (FLUX) Tokens
To be able to lend Flux, you need to have it. To get Flux, you’ll have to buy it. You can pick from these popular exchanges.
See all 17 pricesPlatform Coin Price Uphold Flux (FLUX) 0.59 Binance Flux (FLUX) 0.58 Bitget Flux (FLUX) 0.59 BingX Flux (FLUX) 0.59 MEXC Global Flux (FLUX) 0.59 Bitmart Flux (FLUX) 0.59 2. Choose a Flux Lender
Once you have FLUX, you’ll need to choose a Flux lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Flux (FLUX) Up to 0.34 APY 3. Lend Your Flux
Once you’ve chosen a platform to lend your Flux, transfer your Flux 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
Flux (FLUX) is currently priced at USD 0.34 with a 24-hour trading volume of USD 240,449. The market cap of Flux stands at USD 11.05M, with USD 9.74T FLUX in circulation. For those looking to buy or trade Flux, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 11.05M
- 24h volume
- USD 240,449
- Circulating supply
- USD 9.74T