Introduction
Lending APE can be a great option for those who want to hold ape 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 APE (ape) Tokens
To lend APE, you need to have it. To get APE, you'll have to buy it. You can choose from these popular exchanges.
2. Choose a APE Lender
Once you have ape, you'll need to choose a APE lending platform to lend your tokens. You can check out some options here.
See all 5 lending ratesPlatform Loonies Interest rate YouHodler APE (ape) Up to 12% annual percentage yield SwissBorg APE (ape) Up to 3.41% annual percentage yield 3. Earn APE
Once you've chosen a platform to earn your APE, transfer your APE into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others pay 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 earning platform pays compounding interest to maximize 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
APE (ape) is currently priced at 0 with a 24-hour trading volume of US$2.08. The market cap of APE is currently at US$1,771.75, with 171.02B ape in circulation. For those interested in buying or trading APE, YouHodler offers ways to do so securely and efficiently
- Market capitalization
- US$1,771.75
- 24h volume
- US$2.08
- Circulating supply
- 171.02B ape