Introduction
Lending Vanar Chain can be a great option for those who want to hold VANRY 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 Vanar Chain (VANRY) Tokens
To lend Vanar Chain, you need to have it. To acquire Vanar Chain, you’ll need to buy it. You can choose from these popular exchanges.
2. Choose a Vanar Chain Lender
Once you have VANRY, you’ll need to choose a Vanar Chain lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Vanar Chain (VANRY) Up to 0.5 AER 3. Lend Your Vanar Chain
Once you’ve chosen a platform to lend your Vanar Chain, transfer your Vanar Chain 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
Vanar Chain (VANRY) is currently priced at US$0.5 with a 24-hour trading volume of US$14.54M. The market cap of Vanar Chain stands at US$183.97M, with 1.88B VANRY in circulation. For those looking to purchase or trade Vanar Chain, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$183.97M
- 24-hour volume
- US$14.54M
- Circulating supply
- 1.88B VANRY