Recent Developments
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- Market capitalization
- US$484.59M
- 24h Handelsvolumen
- US$19.06M
- Circulating supply
- 15,96M KSM
Earn up to
12% APY on your investments.
An in-depth guide on how to lend Kusama (KSM) in Germany
We have extensive data on lending Kusama (KSM), and we are pleased to share some of this information with you.
We present you with various lending options featuring alternative cryptocurrencies that may pique your interest.
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Lending Kusama can be an excellent choice for those looking to hold KSM 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.
To lend Kusama, you first need to possess it. To acquire Kusama, you'll have to buy it. You can select from these well-known exchanges.
| Plattform | Kryptowährung | Price |
|---|---|---|
| Nexo | Kusama (KSM) | 7,23 APY |
| Binance | Kusama (KSM) | 7,22 APY |
| BTSE | Kusama (KSM) | 7,21 APY |
| Coinbase | Kusama (KSM) | 7,21 APY |
| Kraken | Kusama (KSM) | 7,19 APY |
| OKX | Kusama (KSM) | 18,08 APY |
Once you have KSM, you'll need to select a Kusama lending platform to lend your tokens. You can explore some options here.
| Plattform | Kryptowährung | APY |
|---|---|---|
| Nexo | Kusama (KSM) | Up to 12 % APY |
| Bitget | Kusama (KSM) | Up to 6 % APY |
| Kucoin | Kusama (KSM) | Up to 6 % APY |
Once you've selected a platform to lend your Kusama, transfer your Kusama 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.
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.
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.