Introduction
Lending Helium can be a great option for those who want to hold HNT 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 Helium (HNT) Tokens
To lend Helium, you need to have it. To acquire Helium, you’ll need to buy it. You can choose from these popular exchanges.
See all 34 pricesPlatform Coin Price Uphold Helium (HNT) 3.2 Kraken Helium (HNT) 2.59 Coinbase Helium (HNT) 2.63 Azbit Helium (HNT) 2.62 Bake Helium (HNT) 2.62 BingX Helium (HNT) 2.55 2. Choose a Helium Lender
Once you have HNT, you’ll need to choose a Helium lending platform to lend your tokens. You can see some options here.
3. Lend Your Helium
Once you’ve chosen a platform to lend your Helium, transfer your Helium 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
- Market capitalisation
- US$1.01B
- 24-hour volume
- US$19.36M
- Circulating supply
- 176.23M HNT