Introduction
Lending Tokoin can be a great option for those who want to hold TOKO but earn yield. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.
Step-by-Step Guide
1. Obtain Tokoin (TOKO) Tokens
In order to lend Tokoin, you need to have it. To obtain Tokoin, you'll need to purchase it. You can choose from these popular exchanges.
See all 4 pricesPlatform Coin Price Gate.io Tokoin (TOKO) 0,0002276 Kucoin Tokoin (TOKO) 0,0002279 2. Choose a Tokoin Lender
Once you have TOKO, you'll need to choose a Tokoin lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Tokoin (TOKO) Up to 40 % APY 3. Lend Your Tokoin
Once you've chosen a platform to lending your Tokoin, transfer your Tokoin into your wallet in the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.
What to be Aware of
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
Tokoin (TOKO) is currently priced at US$40 with a 24-hour trading volume of US$120,882. The market cap of Tokoin stands at US$1.28M, with 1,87B TOKO in circulation. For those looking to buy or trade Tokoin, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- US$1.28M
- 24h volume
- US$120,882
- Circulating supply
- 1,87B TOKO