Introduction
Lending Osmosis allTRX can be a great option for those who want to hold TRX 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 Osmosis allTRX (TRX) Tokens
To lend Osmosis allTRX, you need to possess it. To acquire Osmosis allTRX, you’ll need to buy it. You can select from these popular exchanges.
2. Choose a Osmosis allTRX Lender
Once you have TRX, you'll need to choose a Osmosis allTRX lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Osmosis allTRX (TRX) Up to 7% AER 3. Earn Osmosis allTRX
Once you've selected a platform to earn your Osmosis allTRX, transfer your Osmosis allTRX 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
Osmosis allTRX (TRX) is currently priced at US$7 with a 24-hour trading volume of US$0.48. The market cap of Osmosis allTRX stands at US$3,379.76, with 10,682.5 TRX in circulation. For those looking to purchase or trade Osmosis allTRX, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$3,379.76
- 24-hour volume
- US$0.48
- Circulating supply
- 10,682.5 TRX