Introduction
Lending Pump.fun can be an excellent option for those who wish to hold pump 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 Pump.fun (pump) Tokens
To lend Pump.fun, you need to possess it. To obtain Pump.fun, you'll need to purchase it. You can choose from these popular exchanges in the UK.
2. Choose a Pump.fun Lender in the UK
Once you have pump, you'll need to choose a Pump.fun lending platform to lend your tokens. You can see some options here.
Platform Coin AER Kucoin Pump.fun (pump) Up to 2.31% AER 3. Earn Pump.fun
Once you've selected a platform to earn your Pump.fun, transfer your Pump.fun 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
Pump.fun (pump) is currently priced at US$2.31 with a 24-hour trading volume of US$872.16M. The market cap of Pump.fun stands at US$2.07B, with 354B pump in circulation. For those looking to buy or trade Pump.fun, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- US$2.07B
- 24-hour volume
- US$872.16M
- Circulating supply
- 354B pump
