简介
Lending Ren for those who want to hold REN, but also earn yield, can be a good choice. The steps might be a bit intimidating, especially the first time you try them. Therefore, we've prepared this guide for you.
Step-by-step Guide
1. Obtain Ren (REN) Tokens
To lend Ren, you need to already own it. To get Ren, you’ll need to buy it. You can select from these well-known exchanges.
2. Choose a Ren Lender
Once you have REN, you'll need to choose a Ren lending platform to lend your tokens. You can see some options here.
See all 4 lending ratesPlatform Coin Interest rate Kucoin Ren (REN) Up to 0.5% APY Gemini Ren (REN) Up to 0.01% APY 3. Earn Ren
After selecting a platform for earning your Ren, transfer your Ren to your wallet on the earning platform. Once deposited, it begins to earn interest. Some platforms provide interest payouts daily, while others do so weekly or monthly.
4. Earn收益
Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximize your returns.
Things to Note
Lending 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 their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Ren (REN) is currently priced at $0.01 with a 24-hour trading volume of $1.1M. The market cap of Ren stands at $30.49M, with 1B REN in circulation. For those looking to buy or trade Ren, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $30.49M
- 24h volume
- $1.1M
- Circulating supply
- 1B REN