Introduction
Lending Terra Classic (Wormhole) can be a great option for those who want to hold LUNC 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 Terra Classic (Wormhole) (LUNC) Tokens
To lend Terra Classic (Wormhole), you need to have it. To get Terra Classic (Wormhole), you'll have to buy it. You can choose from these popular exchanges.
See all 10 pricesPlatform Loonies Price Kraken Terra Classic (Wormhole) (LUNC) 0.00005506 MEXC Global Terra Classic (Wormhole) (LUNC) 0.00005496 Kucoin Terra Classic (Wormhole) (LUNC) 0.00005497 CoinEx Terra Classic (Wormhole) (LUNC) 0.00005483 Hotcoin Terra Classic (Wormhole) (LUNC) 0.00005491 2. Choose a Terra Classic (Wormhole) Lender
Once you have LUNC, you'll need to choose a Terra Classic (Wormhole) lending platform to lend your tokens. You can check out some options here.
Platform Loonies Interest rate Kucoin Terra Classic (Wormhole) (LUNC) Up to 0.5% annual percentage yield 3. Earn Terra Classic (Wormhole)
Once you've chosen a platform to earn your Terra Classic (Wormhole), transfer your Terra Classic (Wormhole) 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
Terra Classic (Wormhole) (LUNC) is currently priced at US$0.5 with a 24-hour trading volume of US$17,642.74. For those interested in buying or trading Terra Classic (Wormhole), Kucoin offers ways to do so securely and efficiently
- 24h volume
- US$17,642.74