Introduction
Lending Waves can be a great option for those who want to hold WAVES 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 Waves (WAVES) Tokens
To lend Waves, you need to have it. To get Waves, you'll have to buy it. You can choose from these popular exchanges.
See all 27 pricesPlatform Loonies Price Bitget Waves (WAVES) 1.12 MEXC Global Waves (WAVES) 1.12 Kucoin Waves (WAVES) 1.12 Gate.io Waves (WAVES) 1.12 Bitmart Waves (WAVES) 1.12 CoinEx Waves (WAVES) 1.11 2. Choose a Waves Lender
Once you have WAVES, you'll need to choose a Waves lending platform to lend your tokens. You can check out some options here.
Platform Loonies Interest rate Kucoin Waves (WAVES) Up to 2.8% annual percentage yield 3. Earn Waves
Once you've chosen a platform to earn your Waves, transfer your Waves 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
Waves (WAVES) is currently priced at US$2.8 with a 24-hour trading volume of US$26.46M. The market cap of Waves is currently at US$179.79M, with 100M WAVES in circulation. For those interested in buying or trading Waves, Kucoin offers ways to do so securely and efficiently
- Market capitalization
- US$179.79M
- 24h volume
- US$26.46M
- Circulating supply
- 100M WAVES