Introduction
Lending eCash can be a great option for those who want to hold XEC 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 eCash (XEC) Tokens
To lend eCash, you need to have it. To get eCash, you'll need to buy it. You can choose from these popular exchanges.
See all 23 pricesPlatform Loonies Price Binance eCash (XEC) 0.00001976 MEXC Global eCash (XEC) 0.00001976 Kucoin eCash (XEC) 0.00001969 Gate.io eCash (XEC) 0.00001974 LBank eCash (XEC) 0.00001976 CoinEx eCash (XEC) 0.00001969 2. Choose a eCash Lender
Once you have XEC, you’ll need to choose a eCash lending platform to lend your tokens. You can see some options here.
Platform Loonies Interest rate Kucoin eCash (XEC) Up to 0.5 annual percentage yield 3. Lend Your eCash
Once you’ve chosen a platform for lending your eCash, transfer your eCash 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
eCash (XEC) is currently priced at US$0.5 with a 24-hour trading volume of US$36.02M. The market cap of eCash is currently at US$703.14M, with 19.81T XEC in circulation. For those interested in buying or trading eCash, Kucoin offers ways to do so securely and efficiently
- Market capitalization
- US$703.14M
- 24h volume
- US$36.02M
- Circulating supply
- 19.81T XEC