Earn up to
0.5% p.a.
A comprehensive guide on how to lend Moonbeam (GLMR)
We have a wealth of data on lending Moonbeam (GLMR) and we're happy to share some of this with you.
We present some lending options with other coins that may be of interest.
Moonbeam (GLMR) is currently priced at USD 0.5 with a 24-hour trading volume of USD 7.25M. The market cap of Moonbeam stands at USD 209.74M, with 938.85M GLMR in circulation. For those looking to buy or trade Moonbeam, Kucoin offers avenues to do so securely and efficiently}
Lending Moonbeam can be a great option for those who want to hold GLMR 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 Moonbeam, you need to possess it. To acquire Moonbeam, you'll need to buy it. You can select from these popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Binance | Moonbeam (GLMR) | 0.02 |
| BTSE | Moonbeam (GLMR) | 0.02 |
| Kraken | Moonbeam (GLMR) | 0.02 |
| OKX | Moonbeam (GLMR) | 0.09 |
| Uphold | Moonbeam (GLMR) | 0.08 |
| BingX | Moonbeam (GLMR) | 0.02 |
Once you have GLMR, you'll need to choose a Moonbeam lending platform to lend your tokens. You can find some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Kucoin | Moonbeam (GLMR) | Up to 0.5% p.a. |
Once you've chosen a platform to lend your Moonbeam, transfer your Moonbeam 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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