Earn up to
0.01% p.a.
A comprehensive guide on how to lend Gemini Dollar (GUSD)
We have a wealth of data on lending Gemini Dollar (GUSD) and we're happy to share some of this with you.
We present some lending options with other coins that may be of interest.
Gemini Dollar (GUSD) is currently priced at USD 0.01 with a 24-hour trading volume of USD 2.85M. The market cap of Gemini Dollar stands at USD 57.76M, with 57.75M GUSD in circulation. For those looking to buy or trade Gemini Dollar, Gemini offers avenues to do so securely and efficiently
Lending Gemini Dollar can be a great option for those who want to hold GUSD 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 Gemini Dollar, you need to possess it. To acquire Gemini Dollar, you'll need to buy it. You can select from these popular exchanges.
Once you have GUSD, you'll need to choose a Gemini Dollar lending platform to lend your tokens. You can find some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Gemini | Gemini Dollar (GUSD) | Up to 0.01% p.a. |
Once you've chosen a platform to lend your Gemini Dollar, transfer your Gemini Dollar 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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