Introduction
Lending Ether.fi can be a great option for those who want to hold ETHFI 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 Ether.fi (ETHFI) Tokens
To lend Ether.fi, you need to have it. To get Ether.fi, you'll need to buy it. You can choose from these popular exchanges.
See all 43 pricesPlatform Loonies Price Kraken Ether.fi (ETHFI) 0.93 OKX Ether.fi (ETHFI) 0.94 M2 Ether.fi (ETHFI) 0.93 Binance Ether.fi (ETHFI) 0.93 BTSE Ether.fi (ETHFI) 0.93 Coinbase Ether.fi (ETHFI) 0.93 2. Choose a Ether.fi Lender
Once you have ETHFI, you’ll need to choose a Ether.fi lending platform to lend your tokens. You can see some options here.
Platform Loonies Interest rate Bitget Ether.fi (ETHFI) Up to 1% annual percentage yield Kucoin Ether.fi (ETHFI) Up to 0.5% annual percentage yield 3. Lend Your Ether.fi
Once you’ve chosen a platform for lending your Ether.fi, transfer your Ether.fi 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
Ether.fi (ETHFI) is currently priced at US$1 with a 24-hour trading volume of US$113.71M. The market cap of Ether.fi is currently at US$413.42M, with 217.36M ETHFI in circulation. For those interested in buying or trading Ether.fi, Bitget offers ways to do so securely and efficiently
- Market capitalization
- US$413.42M
- 24h volume
- US$113.71M
- Circulating supply
- 217.36M ETHFI