Introduction
Lending TokenFi can be a great option for those who want to hold TOKEN 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 TokenFi (TOKEN) Tokens
To lend TokenFi, you need to possess it. To acquire TokenFi, you’ll need to buy it. You can select from these popular exchanges.
See all 27 pricesPlatform Coin Price Uphold TokenFi (TOKEN) 0.02 Kraken TokenFi (TOKEN) 0.01 BTSE TokenFi (TOKEN) 0.01 MEXC Global TokenFi (TOKEN) 0.01 Bitmart TokenFi (TOKEN) 0.01 Kucoin TokenFi (TOKEN) 0.01 2. Choose a TokenFi Lender
Once you have TOKEN, you'll need to choose a TokenFi lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin TokenFi (TOKEN) Up to 0.47% AER 3. Earn TokenFi
Once you've selected a platform to earn your TokenFi, transfer your TokenFi 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
TokenFi (TOKEN) is currently priced at US$0.47 with a 24-hour trading volume of US$47.49M. The market cap of TokenFi stands at US$99.05M, with 1.88B TOKEN in circulation. For those looking to purchase or trade TokenFi, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$99.05M
- 24-hour volume
- US$47.49M
- Circulating supply
- 1.88B TOKEN