简介
Lending Terra for those who want to hold LUNA, 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 Terra (LUNA) Tokens
To lend Terra, you need to already own it. To get Terra, you’ll need to buy it. You can select from these well-known exchanges.
See all 39 pricesPlatform Coin Price YouHodler Terra (LUNA) 0.16 Kraken Terra (LUNA) 0.16 OKX Terra (LUNA) 0.15 Binance Terra (LUNA) 0.16 BTSE Terra (LUNA) 0.16 BingX Terra (LUNA) 0.16 2. Choose a Terra Lender
Once you have LUNA, you'll need to choose a Terra lending platform to lend your tokens. You can see some options here.
See all 5 lending ratesPlatform Coin Interest rate Bitget Terra (LUNA) Up to 6.5% APY Gemini Terra (LUNA) Up to 0.01% APY Kucoin Terra (LUNA) Up to 5% APY 3. Earn Terra
After selecting a platform for earning your Terra, transfer your Terra 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
Terra (LUNA) is currently priced at $6.5 with a 24-hour trading volume of $36.53M. The market cap of Terra stands at $283.98M, with 687.66M LUNA in circulation. For those looking to buy or trade Terra, Bitget offers avenues to do so securely and efficiently}
- Market cap
- $283.98M
- 24h volume
- $36.53M
- Circulating supply
- 687.66M LUNA