Introduction
Lending Cronos can be a great option for those who want to hold CRO 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 Cronos (CRO) Tokens
To lend Cronos, you need to possess it. To acquire Cronos, you’ll need to buy it. You can select from these popular exchanges.
See all 28 pricesPlatform Coin Price Uphold Cronos (CRO) 0.1 Kraken Cronos (CRO) 0.1 OKX Cronos (CRO) 0.1 Coinbase Cronos (CRO) 0.1 MEXC Global Cronos (CRO) 0.1 Bitget Cronos (CRO) 0.1 2. Choose a Cronos Lender
Once you have CRO, you'll need to choose a Cronos lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Bitget Cronos (CRO) Up to 2.6% AER Kucoin Cronos (CRO) Up to 0.03% AER 3. Earn Cronos
Once you've selected a platform to earn your Cronos, transfer your Cronos 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
Cronos (CRO) is currently priced at US$2.6 with a 24-hour trading volume of US$30.22M. The market cap of Cronos stands at US$3.79B, with 27.21B CRO in circulation. For those looking to purchase or trade Cronos, Bitget offers avenues to do so securely and efficiently}
- Market capitalisation
- US$3.79B
- 24-hour volume
- US$30.22M
- Circulating supply
- 27.21B CRO