Introduction
Lending Augur can be a great option for those who want to hold REP 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.
Step-by-Step Guide
1. Acquire Augur (REP) Tokens
To lend Augur, you need to possess it. To acquire Augur, you’ll need to buy it. You can select from these popular exchanges.
See all 10 pricesPlatform Coin Price Coinbase Augur (REP) 0.68 Kraken Augur (REP) 0.78 BingX Augur (REP) 1.2 Bitpanda Augur (REP) 0.68 Currency.com Augur (REP) 0.54 2. Choose a Augur Lender
Once you have REP, you'll need to choose a Augur lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate YouHodler Augur (REP) Up to 12% AER 3. Earn Augur
Once you've selected a platform to earn your Augur, transfer your Augur into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning platform pays compounding interest to maximise your returns.
What to be Aware of
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.
Latest Movements
Augur (REP) is currently priced at US$12 with a 24-hour trading volume of US$137,664. The market cap of Augur stands at US$5.06M, with 8.04M REP in circulation. For those looking to purchase or trade Augur, YouHodler offers avenues to do so securely and efficiently}
- Market capitalisation
- US$5.06M
- 24-hour volume
- US$137,664
- Circulating supply
- 8.04M REP