Earn up to
100% AER
An in-depth guide on how to lend The Root Network (ROOT) in the UK
We have extensive data on lending The Root Network (ROOT) 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.
The Root Network (ROOT) is currently priced at US$100 with a 24-hour trading volume of US$6.65M. The market cap of The Root Network stands at US$37.18M, with 1.45B ROOT in circulation. For those looking to buy or trade The Root Network, Kucoin offers avenues to do so securely and efficiently
Lending The Root Network can be an excellent option for those who wish to hold ROOT 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 The Root Network, you need to possess it. To obtain The Root Network, you'll need to purchase it. You can choose from these popular exchanges in the UK.
| Platform | Coin | Price |
|---|---|---|
| Uphold | The Root Network (ROOT) | 0.01 |
| Bitget | The Root Network (ROOT) | 0 |
| Bitmart | The Root Network (ROOT) | 0.000217 |
| CoinEx | The Root Network (ROOT) | 0.0002274 |
| Gate.io | The Root Network (ROOT) | 0.0002379 |
| Hotcoin | The Root Network (ROOT) | 0.03 |
Once you have ROOT, you'll need to choose a The Root Network lending platform to lend your tokens. You can see some options here.
| Platform | Coin | AER |
|---|---|---|
| Kucoin | The Root Network (ROOT) | Up to 100% AER |
Once you've chosen a platform to lend your The Root Network, transfer your The Root Network 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.
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