Introduction
Lending eCash can be a great option for those who want to hold XEC 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. Obtain eCash (XEC) Tokens
To lend eCash, you need to have it. To acquire eCash, you’ll need to buy it. You can choose from these popular exchanges.
See all 23 pricesPlatform Coin Price Binance eCash (XEC) 0.00002583 MEXC Global eCash (XEC) 0.00002583 Kucoin eCash (XEC) 0.00002584 CoinEx eCash (XEC) 0.00002575 Gate.io eCash (XEC) 0.00002576 LBank eCash (XEC) 0.00002581 2. Choose a eCash Lender
Once you have XEC, you’ll need to choose a eCash lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin eCash (XEC) Up to 0.5 AER 3. Lend Your eCash
Once you’ve chosen a platform to lend your eCash, transfer your eCash into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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 ensure your lending platform pays compound interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Ensure 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
eCash (XEC) is currently priced at US$0.5 with a 24-hour trading volume of US$36.02M. The market cap of eCash stands at US$703.14M, with 19.81T XEC in circulation. For those looking to purchase or trade eCash, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$703.14M
- 24-hour volume
- US$36.02M
- Circulating supply
- 19.81T XEC