Introduction
Lending Polkacity can be an excellent option for those who wish to hold POLC 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 Polkacity (POLC) Tokens
To lend Polkacity, you need to possess it. To obtain Polkacity, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 10 pricesPlatform Coin Price CoinEx Polkacity (POLC) 0 Gate.io Polkacity (POLC) 0.0009521 HTX Polkacity (POLC) 0.00032 Kucoin Polkacity (POLC) 0 MEXC Global Polkacity (POLC) 0 2. Choose a Polkacity Lender in the UK
Once you have POLC, you'll need to choose a Polkacity lending platform to lend your tokens. You can see some options here.
Platform Coin AER Kucoin Polkacity (POLC) Up to 35% AER 3. Earn Polkacity
Once you've selected a platform to earn your Polkacity, transfer your Polkacity 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
Polkacity (POLC) is currently priced at US$35 with a 24-hour trading volume of US$568,459. The market cap of Polkacity stands at US$2.74M, with 411.4M POLC in circulation. For those looking to buy or trade Polkacity, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- US$2.74M
- 24-hour volume
- US$568,459
- Circulating supply
- 411.4M POLC
