Latest Movements
- Market cap
- US$218.91M
- 24h volume
- US$58.85M
- Circulating supply
- 7,39B VELO
VELO
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USDCImportant Notice
Lending Velo can be a great option for those who want to hold VELO but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
In order to lend Velo, you need to have it. To obtain Velo, you’ll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Uphold | Velo (VELO) | 0,01 |
| BingX | Velo (VELO) | 0,01 |
| CoinEx | Velo (VELO) | 0,02 |
| Kucoin | Velo (VELO) | 0,01 |
| PointPay | Velo (VELO) | 0,01 |
Once you have VELO, you’ll need to choose a Velo lending platform to lend your tokens. You can see some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Kucoin | Velo (VELO) | Up to 0,02% APY |
Once you’ve chosen a platform to lending your Velo, transfer your Velo into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
