Introduction
Lending Arbitrum can be an excellent choice for those looking to hold ARB 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 Arbitrum (ARB) Tokens
To lend Arbitrum, you first need to possess it. To acquire Arbitrum, you'll have to buy it. You can select from these well-known exchanges.
View all 58 pricesPlattform Kryptowährung Price Nexo Arbitrum (ARB) 0,19 APY EarnPark Arbitrum (ARB) 0,19 APY YouHodler Arbitrum (ARB) 0,19 APY Binance Arbitrum (ARB) 0,19 APY BTSE Arbitrum (ARB) 0,19 APY Coinbase Arbitrum (ARB) 0,19 APY 2. Select a Arbitrum provider
Once you have ARB, you'll need to select a Arbitrum lending platform to lend your tokens. You can explore some options here.
View all 11 lending APY ratesPlattform Kryptowährung APY Nexo Arbitrum (ARB) Up to 6 % APY EarnPark Arbitrum (ARB) Up to 7 % APY Aave Arbitrum (ARB) Up to 0,71 % APY Bitget Arbitrum (ARB) Up to 0,16 % APY 3. Lend Your Arbitrum in Germany
Once you've selected a platform to lend your Arbitrum, transfer your Arbitrum into your wallet on the lending platform. Once it's deposited, it will begin to accrue APY. 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 interest. The more you deposit, the more interest you can earn. Make sure your lending platform offers compounding 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
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- Market capitalization
- US$3.15B
- 24h Handelsvolumen
- US$408.73M
- Circulating supply
- 4,21B ARB
