Introduction
Lending THORChain can be an excellent choice for those looking to hold RUNE while earning APY. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.
Step-by-Step Anleitung
1. Acquire THORChain (RUNE) Tokens
To lend THORChain, you first need to possess it. To acquire THORChain, you'll have to buy it. You can select from these well-known exchanges.
View all 40 pricesPlattform Kryptowährung Price Nexo THORChain (RUNE) 0,57 APY PrimeXBT THORChain (RUNE) 0,57 APY Binance THORChain (RUNE) 0,57 APY Coinbase THORChain (RUNE) 5,44 APY Kraken THORChain (RUNE) 0,57 APY Uphold THORChain (RUNE) 1,17 APY 2. Select a THORChain provider
Once you have RUNE, you'll need to select a THORChain lending platform to lend your tokens. You can explore some options here.
Plattform Kryptowährung APY Kucoin THORChain (RUNE) Up to 0,5 % APY 3. Earn THORChain in Germany's evolving financial landscape
Once you've selected a platform to earn your THORChain, transfer your THORChain into your wallet on the earning platform. Once it's deposited, it will begin to accrue interest. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Make sure your earning platform pays compound interest to maximize your returns.
What to Consider
Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Recent Developments
missing en-de translation: common.latest-movements-copy
- Market capitalization
- US$1.11B
- 24h Handelsvolumen
- US$490.55M
- Circulating supply
- 344,45M RUNE
