Introduction
Lending Celer Network can be an excellent option for those who wish to hold CELR 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 Celer Network (CELR) Tokens
To lend Celer Network, you need to possess it. To obtain Celer Network, you'll need to purchase it. You can choose from these popular exchanges in the UK.
2. Choose a Celer Network Lender in the UK
Once you have CELR, you'll need to choose a Celer Network lending platform to lend your tokens. You can see some options here.
Platform Coin AER Kucoin Celer Network (CELR) Up to 0.5% AER 3. Earn Celer Network
Once you've selected a platform to earn your Celer Network, transfer your Celer Network 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
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- Market capitalisation
- US$94.14M
- 24-hour volume
- US$6.82M
- Circulating supply
- 5.65B CELR
