How to Earn SKALE
Discover proven ways to earn SKL through staking and DeFi opportunities in the SKALE ecosystem.
Staking
0.0% APY
Passively earn from staking your SKL
Lending
1.0% APY
Earn passively by lending your SKL
Get Started: Buy SKALE
Compare SKALE prices across major exchanges
| Platform | Coin | Price |
|---|---|---|
| Uphold | SKALE (SKL) | 0.02 |
| OKX | SKALE (SKL) | 0.03 |
| Binance | SKALE (SKL) | 0.02 |
Tips for buying SKALE:
- Compare prices across exchanges for the best offer
- Consider setting up price alerts for optimal entry points
- Transfer to a secure wallet after purchase for long-term holding
- Start with a small amount to familiarise yourself with the process
Popular Ways to Earn SKL
Explore different methods to earn SKALE and choose what suits you best
Staking
Earn up to 0.0% APY by staking your SKL
| Platform | Coin | Staking rewards |
|---|
Steps
- 1.Choose a staking provider
- 2.Stake your SKL in the staking contract
- 3.Start earning rewards from staking
- 4.Track your earnings through the provider dashboard
Tips
- •Compare different providers to find the best rates
- •Consider the lock-in period before staking
- •Begin with a small amount to try out the service
Be Alert
- •Staked SKL may be locked for a prolonged period
- •Validator performance impacts rewards
- •Risks associated with smart contracts
Lending
Earn up to 1.0% APY by lending your SKL
| Platform | Coin | Interest rate |
|---|---|---|
| Bitget | SKALE (SKL) | Up to 1 APY |
| Kucoin | SKALE (SKL) | Up to 0.5 APY |
Steps
- 1.Choose a lending platform
- 2.Deposit your SKL into the lending pool
- 3.Start earning interest instantly
- 4.Withdraw anytime (subject to platform terms and conditions)
Tips
- •Compare interest rates across platforms
- •Understand the platform's security measures
- •Monitor market conditions
Be Alert
- •Interest rates that are variable may fluctuate
- •Security risks of the platform
- •Market volatility can impact returns
Other Coins to Earn
Diversify your crypto earnings with these popular alternatives
Bitcoin
BTCEarn rewards with Bitcoin through various methods including staking and lending.
Learn More
Ethereum
ETHEarn rewards with Ethereum through various methods including staking and lending.
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Frequently Asked Questions About Earning SKALE
Find answers to common questions about earning SKALE