Earn up to
1.31% p.a.
A comprehensive guide on how to lend Scorum Coin (SCR)
We have a wealth of data on lending Scorum Coin (SCR) and we're happy to share some of this with you.
We present some lending options with other coins that may be of interest.
Scorum Coin (SCR) is currently priced at USD 1.31 with a 24-hour trading volume of USD 493.72. The market cap of Scorum Coin stands at USD 224,344, with 9.49M SCR in circulation. For those looking to buy or trade Scorum Coin, Kucoin offers avenues to do so securely and efficiently
Lending Scorum Coin can be a great option for those who want to hold SCR 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 Scorum Coin, you need to possess it. To acquire Scorum Coin, you'll need to buy it. You can select from these popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| BTSE | Scorum Coin (SCR) | 0.08 |
| Kucoin | Scorum Coin (SCR) | 0.08 |
Once you have SCR, you'll need to choose a Scorum Coin lending platform to lend your tokens. You can find some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Kucoin | Scorum Coin (SCR) | Up to 1.31% p.a. |
Once you've chosen a platform to lend your Scorum Coin, transfer your Scorum Coin 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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