Introduction to the world of cryptocurrency can be both exciting and daunting
Lending Wanchain can be an excellent choice for those looking to hold WAN 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 Wanchain (WAN) Tokens
To lend Wanchain, you must first possess it. To acquire Wanchain, you'll need to purchase it. You can select from these well-known exchanges.
See all 9 pricesPlatform Coin Price Binance Wanchain (WAN) 0,07 Bitpanda Wanchain (WAN) 0,22 CoinEx Wanchain (WAN) 0,07 HTX Wanchain (WAN) 0,07 Kucoin Wanchain (WAN) 0,07 2. Select a Wanchain Lender
Once you have WAN, you'll need to select a Wanchain lending platform to lend your tokens. You can explore some options here.
Platform Coin Interest rate Kucoin Wanchain (WAN) Up to 0,5% APY 3. Earn Wanchain with competitive rates that allow you to maximize your investments
Once you've selected a platform to earn your Wanchain, transfer your Wanchain 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
Wanchain (WAN) is currently priced at US$0.5 with a 24-hour trading volume of US$1.11M. The market cap of Wanchain stands at US$40.84M, with 198,4M WAN in circulation. For those looking to buy or trade Wanchain, Kucoin offers avenues to do so securely and efficiently
- Market cap
- US$40.84M
- 24h volume
- US$1.11M
- Circulating supply
- 198,4M WAN
