Introduction to the world of cryptocurrency can be both exciting and daunting
Lending DAO Maker can be an excellent choice for those looking to hold DAO 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 DAO Maker (DAO) Tokens
To lend DAO Maker, you must first possess it. To acquire DAO Maker, you'll need to purchase it. You can select from these well-known exchanges.
See all 18 pricesPlatform Coin Price BTSE DAO Maker (DAO) 0,05 OKX DAO Maker (DAO) 0,14 BingX DAO Maker (DAO) 0,05 Bitget DAO Maker (DAO) 0,05 Gate.io DAO Maker (DAO) 0,05 Hotcoin DAO Maker (DAO) 0,14 2. Select a DAO Maker Lender
Once you have DAO, you'll need to select a DAO Maker lending platform to lend your tokens. You can explore some options here.
Platform Coin Interest rate Kucoin DAO Maker (DAO) Up to 0,5% APY 3. Earn DAO Maker with competitive rates that allow you to maximize your investments
Once you've selected a platform to earn your DAO Maker, transfer your DAO Maker 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
DAO Maker (DAO) is currently priced at US$0.5 with a 24-hour trading volume of US$1.63M. The market cap of DAO Maker stands at US$76.53M, with 250,93M DAO in circulation. For those looking to buy or trade DAO Maker, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- US$76.53M
- 24h volume
- US$1.63M
- Circulating supply
- 250,93M DAO
