Introduction
Lending Theta Network can be a great option for those who want to hold THETA 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 Theta Network (THETA) Tokens
To be able to lend Theta Network, you need to have it. To get Theta Network, you’ll have to buy it. You can pick from these popular exchanges.
2. Choose a Theta Network Lender
Once you have THETA, you’ll need to choose a Theta Network lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Theta Network (THETA) Up to 0.5 APY 3. Lend Your Theta Network
Once you’ve chosen a platform to lend your Theta Network, transfer your Theta Network 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
Theta Network (THETA) is currently priced at USD 0.5 with a 24-hour trading volume of USD 38.06M. The market cap of Theta Network stands at USD 2.12B, with USD 1B THETA in circulation. For those looking to buy or trade Theta Network, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 2.12B
- 24h volume
- USD 38.06M
- Circulating supply
- USD 1B