Introduction
Lending Reserve Rights can be a great option for those who want to hold RSR 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 Reserve Rights (RSR) Tokens
To lend Reserve Rights, you need to have it. To get Reserve Rights, you'll need to buy it. You can choose from these popular exchanges.
See all 48 pricesPlatform Loonies Price Uphold Reserve Rights (RSR) 0.01 Kraken Reserve Rights (RSR) 0.01 OKX Reserve Rights (RSR) 0.01 Binance Reserve Rights (RSR) 0.01 BTSE Reserve Rights (RSR) 0.01 Coinbase Reserve Rights (RSR) 0.01 2. Choose a Reserve Rights Lender
Once you have RSR, you’ll need to choose a Reserve Rights lending platform to lend your tokens. You can see some options here.
Platform Loonies Interest rate Kucoin Reserve Rights (RSR) Up to 0.35% annual percentage yield 3. Lend Your Reserve Rights
Once you’ve chosen a platform for lending your Reserve Rights, transfer your Reserve Rights 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
Reserve Rights (RSR) is currently priced at US$0.35 with a 24-hour trading volume of US$48.56M. The market cap of Reserve Rights is currently at US$697.85M, with 53.83B RSR in circulation. For those interested in buying or trading Reserve Rights, Kucoin offers ways to do so securely and efficiently
- Market capitalization
- US$697.85M
- 24h volume
- US$48.56M
- Circulating supply
- 53.83B RSR