Introduction
Lending Liquity can be an excellent option for those who wish to hold LQTY 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 Liquity (LQTY) Tokens
To lend Liquity, you need to possess it. To obtain Liquity, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 41 pricesPlatform Coin Price Binance Liquity (LQTY) 0.4 Coinbase Liquity (LQTY) 0.4 Kraken Liquity (LQTY) 0.4 OKX Liquity (LQTY) 0.52 Uphold Liquity (LQTY) 1.01 BingX Liquity (LQTY) 0.4 2. Choose a Liquity Lender in the UK
Once you have LQTY, you'll need to choose a Liquity lending platform to lend your tokens. You can see some options here.
Platform Coin AER Kucoin Liquity (LQTY) Up to 0.5% AER 3. Earn Liquity
Once you've selected a platform to earn your Liquity, transfer your Liquity 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$148.11M
- 24-hour volume
- US$25.26M
- Circulating supply
- 96.94M LQTY
