Introduction
Lending Vanar Chain can be a great option for those who want to hold VANRY 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 Vanar Chain (VANRY) Tokens
To be able to lend Vanar Chain, you need to have it. To get Vanar Chain, you’ll have to buy it. You can pick from these popular exchanges.
2. Choose a Vanar Chain Lender
Once you have VANRY, you’ll need to choose a Vanar Chain lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Vanar Chain (VANRY) Up to 0.5 APY 3. Lend Your Vanar Chain
Once you’ve chosen a platform to lend your Vanar Chain, transfer your Vanar Chain 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
Vanar Chain (VANRY) is currently priced at USD 0.5 with a 24-hour trading volume of USD 14.54M. The market cap of Vanar Chain stands at USD 183.97M, with 1.88B VANRY in circulation. For those looking to buy or trade Vanar Chain, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 183.97M
- 24h volume
- USD 14.54M
- Circulating supply
- 1.88B VANRY