Introduction
Lending Hedera can be a great option for those who want to hold HBAR 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 Hedera (HBAR) Tokens
To lend Hedera, you need to have it. To acquire Hedera, you’ll need to buy it. You can choose from these popular exchanges.
See all 50 pricesPlatform Coin Price Uphold Hedera (HBAR) 0.21 OKX Hedera (HBAR) 0.21 Binance Hedera (HBAR) 0.21 Coinbase Hedera (HBAR) 0.21 Bitget Hedera (HBAR) 0.21 MEXC Global Hedera (HBAR) 0.21 2. Choose a Hedera Lender
Once you have HBAR, you’ll need to choose a Hedera lending platform to lend your tokens. You can see some options here.
See all 4 lending ratesPlatform Coin Interest rate Kucoin Hedera (HBAR) Up to 0.06 AER Coinbase Hedera (HBAR) Up to 0.13 AER 3. Lend Your Hedera
Once you’ve chosen a platform to lend your Hedera, transfer your Hedera 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
Hedera (HBAR) is currently priced at US$0.13 with a 24-hour trading volume of US$518.74M. The market cap of Hedera stands at US$10.43B, with 38.26B HBAR in circulation. For those looking to purchase or trade Hedera, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$10.43B
- 24-hour volume
- US$518.74M
- Circulating supply
- 38.26B HBAR