Introduction
Lending Swell can be a great option for those who want to hold SWELL 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 Swell (SWELL) Tokens
To lend Swell, you need to have it. To acquire Swell, you’ll need to buy it. You can choose from these popular exchanges.
See all 31 pricesPlatform Coin Price Kraken Swell (SWELL) 0.01 Coinbase Swell (SWELL) 0.01 Bitget Swell (SWELL) 0.01 MEXC Global Swell (SWELL) 0.01 Kucoin Swell (SWELL) 0.01 Bitmart Swell (SWELL) 0.01 2. Choose a Swell Lender
Once you have SWELL, you’ll need to choose a Swell lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Swell (SWELL) Up to 4 AER 3. Lend Your Swell
Once you’ve chosen a platform to lend your Swell, transfer your Swell 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
Swell (SWELL) is currently priced at US$4 with a 24-hour trading volume of US$17.18M. The market cap of Swell stands at US$49.75M, with 1.82B SWELL in circulation. For those looking to purchase or trade Swell, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$49.75M
- 24-hour volume
- US$17.18M
- Circulating supply
- 1.82B SWELL