Introduction
Lending Numbers Protocol can be a great option for those who want to hold NUM 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 Numbers Protocol (NUM) Tokens
To be able to lend Numbers Protocol, you need to have it. To get Numbers Protocol, you’ll have to buy it. You can pick from these popular exchanges.
2. Choose a Numbers Protocol Lender
Once you have NUM, you’ll need to choose a Numbers Protocol lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Numbers Protocol (NUM) Up to 12 APY 3. Lend Your Numbers Protocol
Once you’ve chosen a platform to lend your Numbers Protocol, transfer your Numbers Protocol 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
Numbers Protocol (NUM) is currently priced at USD 12 with a 24-hour trading volume of USD 523,921. The market cap of Numbers Protocol stands at USD 35.73M, with 723.76M NUM in circulation. For those looking to buy or trade Numbers Protocol, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 35.73M
- 24h volume
- USD 523,921
- Circulating supply
- 723.76M NUM