Latest Movements
- Market cap
- US$232.5M
- 24h volume
- US$2.81M
- Circulating supply
- 16,56M DCR
DCR
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
LINK
SOL
STETH
TRX
USDCImportant Notice
Lending Decred can be an excellent choice for those looking to hold DCR 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.
To lend Decred, you must first possess it. To acquire Decred, you'll need to purchase it. You can select from these well-known exchanges.
| Platform | Coin | Price |
|---|---|---|
| Binance | Decred (DCR) | 15,8 |
| Uphold | Decred (DCR) | 15,2 |
| BingX | Decred (DCR) | 16,53 |
| Bitpanda | Decred (DCR) | 16,05 |
| CoinEx | Decred (DCR) | 15,96 |
| FMFW.io | Decred (DCR) | 28,73 |
Once you have DCR, you'll need to select a Decred lending platform to lend your tokens. You can explore some options here.
Once you've selected a platform to earn your Decred, transfer your Decred 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.
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.
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.
