Introduction
Lending Threshold Network can be an excellent option for those who wish to hold T 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 Threshold Network (T) Tokens
To lend Threshold Network, you need to possess it. To obtain Threshold Network, you'll need to purchase it. You can choose from these popular exchanges in the UK.
2. Choose a Threshold Network Lender in the UK
Once you have T, you'll need to choose a Threshold Network lending platform to lend your tokens. You can see some options here.
Platform Coin AER Kucoin Threshold Network (T) Up to 0.5% AER 3. Earn Threshold Network
Once you've selected a platform to earn your Threshold Network, transfer your Threshold Network 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$291.27M
- 24-hour volume
- US$34.88M
- Circulating supply
- 10.07B T
