Introduction
Lending LooksRare can be a great option for those who want to hold LOOKS 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 LooksRare (LOOKS) Tokens
To lend LooksRare, you need to have it. To get LooksRare, you'll have to buy it. You can choose from these popular exchanges.
See all 24 pricesPlatform Loonies Price OKX LooksRare (LOOKS) 0.02 BingX LooksRare (LOOKS) 0.02 Bitget LooksRare (LOOKS) 0.02 Bitmart LooksRare (LOOKS) 0.02 Bitpanda LooksRare (LOOKS) 0.06 Bybit LooksRare (LOOKS) 0.02 2. Choose a LooksRare Lender
Once you have LOOKS, you'll need to choose a LooksRare lending platform to lend your tokens. You can check out some options here.
Platform Loonies Interest rate Kucoin LooksRare (LOOKS) Up to 0.34% annual percentage yield 3. Earn LooksRare
Once you've chosen a platform to earn your LooksRare, transfer your LooksRare 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
LooksRare (LOOKS) is currently priced at US$0.34 with a 24-hour trading volume of US$4.17M. The market cap of LooksRare is currently at US$49.41M, with 993.65M LOOKS in circulation. For those interested in buying or trading LooksRare, Kucoin offers ways to do so securely and efficiently
- Market capitalization
- US$49.41M
- 24h volume
- US$4.17M
- Circulating supply
- 993.65M LOOKS