Introduction
Lending Cetus Protocol can be a great option for those who want to hold CETUS 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. Get Cetus Protocol (CETUS) Tokens
To lend Cetus Protocol, you need to have it. To get Cetus Protocol, you'll need to buy it. You can choose from these popular exchanges.
2. Choose a Cetus Protocol Lender
Once you have CETUS, you’ll need to choose a Cetus Protocol lending platform to lend your tokens. You can see some options here.
Platform Loonies Interest rate Kucoin Cetus Protocol (CETUS) Up to 0.04 annual percentage yield 3. Lend Your Cetus Protocol
Once you’ve chosen a platform for lending your Cetus Protocol, transfer your Cetus Protocol into your wallet on the lending 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 lending platform pays compounding interest to maximize your returns.
What to be Aware of
Loaning 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 out their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Cetus Protocol (CETUS) is currently priced at US$0.04 with a 24-hour trading volume of US$43.47M. The market cap of Cetus Protocol is currently at US$195.49M, with 631.96M CETUS in circulation. For those interested in buying or trading Cetus Protocol, Kucoin offers ways to do so securely and efficiently
- Market capitalization
- US$195.49M
- 24h volume
- US$43.47M
- Circulating supply
- 631.96M CETUS