Earn up to
0.5% p.a.
A comprehensive guide on how to lend Numeraire (NMR)
We have a wealth of data on lending Numeraire (NMR) and we're happy to share some of this with you.
We present some lending options with other coins that may be of interest.
Numeraire (NMR) is currently priced at USD 0.5 with a 24-hour trading volume of USD 8.4M. The market cap of Numeraire stands at USD 113.51M, with 7.64M NMR in circulation. For those looking to buy or trade Numeraire, Kucoin offers avenues to do so securely and efficiently
Lending Numeraire can be a great option for those who want to hold NMR 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 Numeraire, you need to possess it. To acquire Numeraire, you'll need to buy it. You can select from these popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Binance | Numeraire (NMR) | 9.87 |
| BTSE | Numeraire (NMR) | 9.85 |
| Coinbase | Numeraire (NMR) | 9.88 |
| Kraken | Numeraire (NMR) | 9.87 |
| OKX | Numeraire (NMR) | 9.08 |
| Uphold | Numeraire (NMR) | 8.2 |
Once you have NMR, you'll need to choose a Numeraire lending platform to lend your tokens. You can find some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Kucoin | Numeraire (NMR) | Up to 0.5% p.a. |
Once you've chosen a platform to lend your Numeraire, transfer your Numeraire 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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