Introduction
Lending OKB can be a great option for those who want to hold OKB 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 OKB (OKB) Tokens
To lend OKB, you need to have it. To get OKB, you'll need to buy it. You can choose from these popular exchanges.
2. Choose a OKB Lender
Once you have OKB, you’ll need to choose a OKB lending platform to lend your tokens. You can see some options here.
3. Lend Your OKB
Once you’ve chosen a platform for lending your OKB, transfer your OKB 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
- Market capitalization
- US$2.82B
- 24h volume
- US$6.33M
- Circulating supply
- 60M OKB