Introduction
Lending Vulcan Forged can be a great option for those who want to hold PYR 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 Vulcan Forged (PYR) Tokens
To lend Vulcan Forged, you need to have it. To acquire Vulcan Forged, you’ll need to buy it. You can choose from these popular exchanges.
2. Choose a Vulcan Forged Lender
Once you have PYR, you’ll need to choose a Vulcan Forged lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Vulcan Forged (PYR) Up to 0.31% AER 3. Lend Your Vulcan Forged
Once you’ve chosen a platform to lend your Vulcan Forged, transfer your Vulcan Forged 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
Vulcan Forged (PYR) is currently priced at US$0.31 with a 24-hour trading volume of US$6.85M. The market cap of Vulcan Forged stands at US$67.05M, with 23.9M PYR in circulation. For those looking to purchase or trade Vulcan Forged, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$67.05M
- 24-hour volume
- US$6.85M
- Circulating supply
- 23.9M PYR
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