Introduction
Lending Taiko can be an excellent option for those who wish to hold TAIKO 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 Taiko (TAIKO) Tokens
To lend Taiko, you need to possess it. To obtain Taiko, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 30 pricesPlatform Coin Price BTSE Taiko (TAIKO) 0.42 BingX Taiko (TAIKO) 0.42 Bitfinex Taiko (TAIKO) 2.21 Bitget Taiko (TAIKO) 0.42 Bitmart Taiko (TAIKO) 0.42 Bitpanda Taiko (TAIKO) 1.93 2. Choose a Taiko Lender in the UK
Once you have TAIKO, you'll need to choose a Taiko lending platform to lend your tokens. You can see some options here.
Platform Coin AER Kucoin Taiko (TAIKO) Up to 0.5% AER 3. Earn Taiko
Once you've selected a platform to earn your Taiko, transfer your Taiko 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
Taiko (TAIKO) is currently priced at US$0.5 with a 24-hour trading volume of US$15.23M. The market cap of Taiko stands at US$138.29M, with 89.37M TAIKO in circulation. For those looking to purchase or trade Taiko, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- US$138.29M
- 24-hour volume
- US$15.23M
- Circulating supply
- 89.37M TAIKO