Introduction
Lending Tensor can be an excellent option for those who wish to hold TNSR 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 Tensor (TNSR) Tokens
To lend Tensor, you need to possess it. To obtain Tensor, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 45 pricesPlatform Coin Price Binance Tensor (TNSR) 0.07 Coinbase Tensor (TNSR) 0.07 Kraken Tensor (TNSR) 0.07 OKX Tensor (TNSR) 0.21 Uphold Tensor (TNSR) 0.14 BingX Tensor (TNSR) 0.07 2. Choose a Tensor Lender in the UK
Once you have TNSR, you'll need to choose a Tensor lending platform to lend your tokens. You can see some options here.
Platform Coin AER Kucoin Tensor (TNSR) Up to 0.5% AER 3. Lend Your Tensor
Once you've chosen a platform to lend your Tensor, transfer your Tensor 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
Tensor (TNSR) is currently priced at US$0.5 with a 24-hour trading volume of US$13.69M. The market cap of Tensor stands at US$47.89M, with 125M TNSR in circulation. For those looking to buy or trade Tensor, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$47.89M
- 24-hour volume
- US$13.69M
- Circulating supply
- 125M TNSR
