Introduction
Lending API3 can be an excellent choice for those looking to hold API3 while earning returns. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this comprehensive guide tailored for you.
Step-by-Step Guide for Indian Investors
1. Acquire API3 (API3) Tokens in India
To lend API3, you first need to possess it. To acquire API3, you'll have to buy it. You can select from these popular Indian exchanges.
See all 44 ratesPlatform Coin Cost Uphold API3 (API3) 0.74 Kraken API3 (API3) 0.93 OKX API3 (API3) 0.92 Binance API3 (API3) 0.93 Coinbase API3 (API3) 0.93 Bake API3 (API3) 0.93 2. Choose a API3 Lender in India
Once you have API3, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.
Platform Coin APY Kucoin API3 (API3) Up to 0.5% APY 3. Earn API3 in India
Once you've selected a platform to earn your API3, transfer your API3 into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in India
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential earnings. Ensure that your chosen platform offers compounding interest to maximise your returns in the Indian market.
What to Keep in Mind
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto assets. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Trends in India
API3 (API3) is currently priced at $0.5 with a 24-hour trading volume of $1.14Cr. The market cap of API3 stands at $17.54Cr, with 11.8Cr API3 in circulation. For those looking to buy or trade API3, Kucoin offers avenues to do so securely and efficiently
- Market capitalization
- $17.54Cr
- 24-hour trading volume
- $1.14Cr
- Circulating supply in the market
- 11.8Cr API3