Introduction
Lending RSS3 can be an excellent option for those who wish to hold RSS3 while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.
Step-by-Step Guide
1. Obtain RSS3 (RSS3) Tokens
To lend RSS3, you need to possess it. To obtain RSS3, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 22 pricesPlatform Coin Price OKX RSS3 (RSS3) 0.07 BingX RSS3 (RSS3) 0.01 Bitget RSS3 (RSS3) 0.01 Bitmart RSS3 (RSS3) 0.01 Bybit RSS3 (RSS3) 0.02 CoinEx RSS3 (RSS3) 0.01 2. Choose a RSS3 Lender in the UK
Once you have RSS3, you'll need to choose a RSS3 lending platform to lend your tokens. You can see some options here.
3. Lend Your RSS3
Once you've chosen a platform to lend your RSS3, transfer your RSS3 into your wallet on the lending platform. Once it's deposited, it will start earning AER. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn AER
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements in the UK
- Market capitalisation
- US$80.76M
- 24-hour volume
- US$4.92M
- Circulating supply
- 674.92M RSS3
