Introduction
Lending Ethena can be an excellent choice for those looking to hold ENA while generating yield. The process might seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
Step-by-Step Guide for Spain 1
1. Acquire Ethena (ENA) Tokens
To lend Ethena, you first need to possess it. To acquire Ethena, you'll have to buy it. You can select from these popular exchanges available in Spain.
Consulta todos los 55 preciosPlataforma Cripto Price PrimeXBT Ethena (ENA) 0,23 APY YouHodler Ethena (ENA) 0,23 APY Binance Ethena (ENA) 0,23 APY BTSE Ethena (ENA) 0,23 APY Coinbase Ethena (ENA) 0,23 APY Kraken Ethena (ENA) 0,23 APY 2. Select a Ethena Lender
Once you have ENA, you'll need to select a Ethena lending platform to lend your tokens. You can explore some options here.
Lending APYPlataforma Cripto APY YouHodler Ethena (ENA) Hasta 16% APY Blockchain.com Ethena (ENA) Hasta 12% APY Kucoin Ethena (ENA) Hasta 0,5% APY 3. Lend Your Ethena
Once you've selected a platform to lend your Ethena, transfer your Ethena into your wallet on the lending platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Generate Earnings
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.
What to Keep in Mind
Lending your crypto can be risky
Latest Movements in the Market
Ethena (ENA) is currently priced at US$16 with a 24-hour trading volume of US$577.71M. The market cap of Ethena stands at US$2.82B, with 3,03B ENA in circulation. For those looking to buy or trade Ethena, YouHodler offers avenues to do so securely and efficiently
- Capitalización de mercado
- US$2.82B
- volumen en 24 horas
- US$577.71M
- Oferta circulante
- 3,03B ENA
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