Introduction
Lending Gains Network can be a great option for those who want to hold GNS 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 Gains Network (GNS) Tokens
In order to lend Gains Network, you need to have it. To obtain Gains Network, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Gains Network Lender
Once you have GNS, you'll need to choose a Gains Network lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Bitget Gains Network (GNS) Up to 3 APY Kucoin Gains Network (GNS) Up to 0,5 APY 3. Lend Your Gains Network
Once you've chosen a platform to lending your Gains Network, transfer your Gains Network into your wallet in 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 while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure 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
Gains Network (GNS) is currently priced at US$3 with a 24-hour trading volume of US$3,45M. The market cap of Gains Network stands at US$51,85M, with 32,84M GNS in circulation. For those looking to buy or trade Gains Network, Bitget offers avenues to do so securely and efficiently}
- Market cap
- US$51,85M
- 24h volume
- US$3,45M
- Circulating supply
- 32,84M GNS