Introduction
Lending Alchemy Pay can be an excellent option for those who wish to hold ACH while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.
Step-by-Step Guide
1. Obtain Alchemy Pay (ACH) Tokens
To lend Alchemy Pay, you need to possess it. To obtain Alchemy Pay, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 44 pricesPlatform Coin Price Binance Alchemy Pay (ACH) 0.02 BTSE Alchemy Pay (ACH) 0.02 Coinbase Alchemy Pay (ACH) 0.02 Kraken Alchemy Pay (ACH) 0.02 OKX Alchemy Pay (ACH) 0.02 Uphold Alchemy Pay (ACH) 0.02 2. Choose a Alchemy Pay Lender in the UK
Once you have ACH, you'll need to choose a Alchemy Pay lending platform to lend your tokens. You can see some options here.
Platform Coin AER Kucoin Alchemy Pay (ACH) Up to 0.5% AER 3. Earn Alchemy Pay
Once you've selected a platform to earn your Alchemy Pay, transfer your Alchemy Pay into your wallet on the earning platform. Once it's deposited, it will begin to accrue AER. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn AER
Now all you need to do is sit back while your cryptocurrency earns AER. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements in the UK
Alchemy Pay (ACH) is currently priced at US$0.5 with a 24-hour trading volume of US$28.93M. The market cap of Alchemy Pay stands at US$112.84M, with 4.94B ACH in circulation. For those looking to purchase or trade Alchemy Pay, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- US$112.84M
- 24-hour volume
- US$28.93M
- Circulating supply
- 4.94B ACH