Introduction
Lending Qtum can be a great option for those who want to hold QTUM 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 Qtum (QTUM) Tokens
To lend Qtum, you need to possess it. To acquire Qtum, you'll need to buy it. You can select from these popular exchanges.
See all 42 pricesPlatform Coin Cost Binance Qtum (QTUM) 1.34 Kraken Qtum (QTUM) 1.33 OKX Qtum (QTUM) 1.89 Uphold Qtum (QTUM) 2.53 BingX Qtum (QTUM) 1.34 Bitfinex Qtum (QTUM) 4.9 2. Choose a Qtum lender
Once you have QTUM, you'll need to choose a Qtum lending platform to lend your tokens. You can find some options here.
3. Lend Your Qtum
Once you've chosen a platform to lend your Qtum, transfer your Qtum 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 329.25M
- 24-hour volume
- USDĀ 22.34M
- Circulating supply
- 105.47M QTUM
