Introduction
Lending Polkastarter can be a great option for those who want to hold POLS 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 Polkastarter (POLS) Tokens
To lend Polkastarter, you need to have it. To acquire Polkastarter, you’ll need to buy it. You can choose from these popular exchanges.
2. Choose a Polkastarter Lender
Once you have POLS, you’ll need to choose a Polkastarter lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Polkastarter (POLS) Up to 100% AER 3. Lend Your Polkastarter
Once you’ve chosen a platform to lend your Polkastarter, transfer your Polkastarter 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
Polkastarter (POLS) is currently priced at US$100 with a 24-hour trading volume of US$4.6M. The market cap of Polkastarter stands at US$45.6M, with 99.21M POLS in circulation. For those looking to purchase or trade Polkastarter, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$45.6M
- 24-hour volume
- US$4.6M
- Circulating supply
- 99.21M POLS
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