Introduction
Lending Liquity can be a great option for those who want to hold LQTY 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 Liquity (LQTY) Tokens
To lend Liquity, you need to have it. To get Liquity, you'll have to buy it. You can choose from these popular exchanges.
See all 41 pricesPlatform Loonies Price Uphold Liquity (LQTY) 1.01 Kraken Liquity (LQTY) 0.88 OKX Liquity (LQTY) 0.52 Binance Liquity (LQTY) 0.88 Coinbase Liquity (LQTY) 0.88 MEXC Global Liquity (LQTY) 0.88 2. Choose a Liquity Lender
Once you have LQTY, you'll need to choose a Liquity lending platform to lend your tokens. You can check out some options here.
Platform Loonies Interest rate Kucoin Liquity (LQTY) Up to 0.5% annual percentage yield 3. Earn Liquity
Once you've chosen a platform to earn your Liquity, transfer your Liquity 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
Liquity (LQTY) is currently priced at US$0.5 with a 24-hour trading volume of US$25.26M. The market cap of Liquity is currently at US$148.11M, with 96.94M LQTY in circulation. For those interested in buying or trading Liquity, Kucoin offers ways to do so securely and efficiently
- Market capitalization
- US$148.11M
- 24h volume
- US$25.26M
- Circulating supply
- 96.94M LQTY