Introduction to the world of cryptocurrency can be both exciting and daunting
Lending Energy Web can be an excellent choice for those looking to hold EWT 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 Energy Web (EWT) Tokens
To lend Energy Web, you must first possess it. To acquire Energy Web, you'll need to purchase it. You can select from these well-known exchanges.
See all 14 pricesPlatform Coin Price Kraken Energy Web (EWT) 0,8 Uphold Energy Web (EWT) 1,76 Bitmart Energy Web (EWT) 0,78 CoinEx Energy Web (EWT) 0,79 Gate.io Energy Web (EWT) 0,8 Kucoin Energy Web (EWT) 0,8 2. Select a Energy Web Lender
Once you have EWT, you'll need to select a Energy Web lending platform to lend your tokens. You can explore some options here.
Platform Coin Interest rate Kucoin Energy Web (EWT) Up to 0,5% APY 3. Earn Energy Web with competitive rates that allow you to maximize your investments
Once you've selected a platform to earn your Energy Web, transfer your Energy Web 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
Energy Web (EWT) is currently priced at US$0.5 with a 24-hour trading volume of US$354,866. The market cap of Energy Web stands at US$80.59M, with 59,88M EWT in circulation. For those looking to buy or trade Energy Web, Kucoin offers avenues to do so securely and efficiently
- Market cap
- US$80.59M
- 24h volume
- US$354,866
- Circulating supply
- 59,88M EWT
