Introduction
Lending Celo Euro can be an excellent option for those who wish to hold CEUR 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 Celo Euro (CEUR) Tokens
To lend Celo Euro, you need to possess it. To obtain Celo Euro, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 4 pricesPlatform Coin Price Blockchain.com Celo Euro (CEUR) 0.5 Gate.io Celo Euro (CEUR) 1.15 2. Choose a Celo Euro Lender in the UK
Once you have CEUR, you'll need to choose a Celo Euro lending platform to lend your tokens. You can see some options here.
Platform Coin AER Blockchain.com Celo Euro (CEUR) Up to 2% AER 3. Earn Celo Euro
Once you've selected a platform to earn your Celo Euro, transfer your Celo Euro 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
Celo Euro (CEUR) is currently priced at US$2 with a 24-hour trading volume of US$9.44M. The market cap of Celo Euro stands at US$6.23M, with 6.04M CEUR in circulation. For those looking to purchase or trade Celo Euro, Blockchain.com offers avenues to do so securely and efficiently
- Market capitalisation
- US$6.23M
- 24-hour volume
- US$9.44M
- Circulating supply
- 6.04M CEUR
