Latest Movements in the UK
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- Market capitalisation
- US$12.55B
- 24-hour volume
- US$512.26M
- Circulating supply
- 589.26T SHIB
Earn up to
16% AER
An in-depth guide on how to lend Shiba Inu (SHIB) in the UK
We have extensive data on lending Shiba Inu (SHIB) and we are pleased to share some of this with you.
We present you with various lending options featuring other cryptocurrencies that may pique your interest.
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Lending Shiba Inu can be an excellent option for those who wish to hold SHIB 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.
To lend Shiba Inu, you need to possess it. To obtain Shiba Inu, you'll need to purchase it. You can choose from these popular exchanges in the UK.
| Platform | Coin | Price |
|---|---|---|
| YouHodler | Shiba Inu (SHIB) | 0.000007551 |
| Binance | Shiba Inu (SHIB) | 0.00000755 |
| BTSE | Shiba Inu (SHIB) | 0.00000754 |
| OKX | Shiba Inu (SHIB) | 0.00001234 |
| Uphold | Shiba Inu (SHIB) | 0.00001307 |
| Bake | Shiba Inu (SHIB) | 0.00000755 |
Once you have SHIB, you'll need to choose a Shiba Inu lending platform to lend your tokens. You can see some options here.
| Platform | Coin | AER |
|---|---|---|
| YouHodler | Shiba Inu (SHIB) | Up to 16% AER |
| CEX.io | Shiba Inu (SHIB) | Up to 1% AER |
Once you've chosen a platform to lend your Shiba Inu, transfer your Shiba Inu 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.
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.
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.