Introduction to the world of cryptocurrency can be both exciting and daunting
Lending Bittensor can be an excellent choice for those looking to hold TAO while earning yield. The process may seem a bit intimidating, particularly for first-timers. That's why we've created this guide to help you navigate through it.
Step-by-Step Guide 1
1. Acquire Bittensor (TAO) Tokens
To lend Bittensor, you must first possess it. To acquire Bittensor, you'll need to purchase it. You can select from these well-known exchanges.
See all 33 pricesPlatform Coin Price PrimeXBT Bittensor (TAO) 286,81 Binance Bittensor (TAO) 287,1 Coinbase Bittensor (TAO) 286,89 Uphold Bittensor (TAO) 393,44 Bake Bittensor (TAO) 287,17 BingX Bittensor (TAO) 287,1 2. Select a Bittensor Lender
Once you have TAO, you'll need to select a Bittensor lending platform to lend your tokens. You can explore some options here.
Platform Coin Interest rate Bitget Bittensor (TAO) Up to 0,3% APY Coinbase Bittensor (TAO) Up to 18,22% APY 3. Earn Bittensor with competitive rates that allow you to maximize your investments
Once you've selected a platform to earn your Bittensor, transfer your Bittensor into your wallet on the earning platform. Once it's deposited, it will begin to accrue interest. Some platforms offer interest payments 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. Ensure that your earning platform offers compounding APY to maximise your returns.
What to be Aware of
Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements
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- Market cap
- US$3.52B
- 24h volume
- US$131.4M
- Circulating supply
- 8,14M TAO

