Introduction
Lending Lambda can be a great option for those who want to hold LAMB 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.
Step-by-Step Guide
1. Obtain Lambda (LAMB) Tokens
To lend Lambda, you need to possess it. To acquire Lambda, you'll need to buy it. You can select from these popular exchanges.
See all 10 pricesPlatform Coin Cost OKX Lambda (LAMB) 0.000109 BingX Lambda (LAMB) 0.0001004 Gate.io Lambda (LAMB) 0.00001017 HTX Lambda (LAMB) 0.000048 MEXC Global Lambda (LAMB) 0.00004731 2. Choose a Lambda lender
Once you have LAMB, you'll need to choose a Lambda lending platform to lend your tokens. You can find some options here.
3. Lend Your Lambda
Once you've chosen a platform to lend your Lambda, transfer your Lambda 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.
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. Ensure your lending platform pays compounding interest to maximise your returns.
What to Be Aware Of
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.
Latest Movements
- Market capitalisation
- USDĀ 4.19M
- 24-hour volume
- USDĀ 1.18M
- Circulating supply
- 1.86B LAMB
