Introduction
Lending Liquity can be a great option for those who want to hold LQTY 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 Liquity (LQTY) Tokens
To lend Liquity, you need to have it. To acquire Liquity, you’ll need to buy it. You can choose from these popular exchanges.
See all 20 pricesPlatform Coin Price Uphold Liquity (LQTY) 1.52 OKX Liquity (LQTY) 1.53 Binance Liquity (LQTY) 1.52 Coinbase Liquity (LQTY) 1.52 Bitget Liquity (LQTY) 1.52 Bitmart Liquity (LQTY) 1.52 2. Choose a Liquity Lender
Once you have LQTY, you’ll need to choose a Liquity lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Liquity (LQTY) Up to 0.5 AER 3. Lend Your Liquity
Once you’ve chosen a platform to lend your Liquity, transfer your Liquity 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
Liquity (LQTY) is currently priced at US$0.5 with a 24-hour trading volume of US$25.26M. The market cap of Liquity stands at US$148.11M, with US$96.94M LQTY in circulation. For those looking to purchase or trade Liquity, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$148.11M
- 24-hour volume
- US$25.26M
- Circulating supply
- US$96.94M