Introduction
Lending Jito can be a great option for those who want to hold JTO 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 Jito (JTO) Tokens
To be able to lend Jito, you need to have it. To get Jito, you’ll have to buy it. You can pick from these popular exchanges.
See all 26 pricesPlatform Coin Price M2 Jito (JTO) 2.71 Uphold Jito (JTO) 2.71 Kraken Jito (JTO) 2.69 OKX Jito (JTO) 2.73 Binance Jito (JTO) 2.71 BTSE Jito (JTO) 2.7 2. Choose a Jito Lender
Once you have JTO, you’ll need to choose a Jito lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Jito (JTO) Up to 0.5 APY 3. Lend Your Jito
Once you’ve chosen a platform to lend your Jito, transfer your Jito 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
Jito (JTO) is currently priced at USD 0.5 with a 24-hour trading volume of USD 61.87M. The market cap of Jito stands at USD 781.24M, with USD 280.55M JTO in circulation. For those looking to buy or trade Jito, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 781.24M
- 24h volume
- USD 61.87M
- Circulating supply
- USD 280.55M