Introduction
Lending Enjin Coin can be an excellent option for those who wish to hold ENJ 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 Enjin Coin (ENJ) Tokens
To lend Enjin Coin, you need to possess it. To obtain Enjin Coin, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 50 pricesPlatform Coin Price Binance Enjin Coin (ENJ) 0.04 BTSE Enjin Coin (ENJ) 0.04 Coinbase Enjin Coin (ENJ) 0.29 Kraken Enjin Coin (ENJ) 0.04 OKX Enjin Coin (ENJ) 0.1 Bake Enjin Coin (ENJ) 0.04 2. Choose a Enjin Coin Lender in the UK
Once you have ENJ, you'll need to choose a Enjin Coin lending platform to lend your tokens. You can see some options here.
Platform Coin AER Kucoin Enjin Coin (ENJ) Up to 4% AER 3. Earn Enjin Coin
Once you've selected a platform to earn your Enjin Coin, transfer your Enjin Coin 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
Enjin Coin (ENJ) is currently priced at US$4 with a 24-hour trading volume of US$20.28M. The market cap of Enjin Coin stands at US$360.31M, with 1.79B ENJ in circulation. For those looking to purchase or trade Enjin Coin, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- US$360.31M
- 24-hour volume
- US$20.28M
- Circulating supply
- 1.79B ENJ
