Introduction
Lending RatsBase can be an excellent choice for those looking to hold RATS while earning yield. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide to help you navigate through it smoothly.
Step-by-Step Guide
1. Acquire RatsBase (RATS) Tokens
To lend RatsBase, you must first acquire it. To obtain RatsBase, you'll need to purchase it. You can select from these popular exchanges available in Nigeria.
See all 16 pricesPlatform Coin Price BTSE RatsBase (RATS) 0.00005647 CoinEx RatsBase (RATS) 0.00005528 Gate.io RatsBase (RATS) 0.00005651 Hotcoin RatsBase (RATS) 0.00005642 HTX RatsBase (RATS) 0.00005647 Kucoin RatsBase (RATS) 0.00005657 2. Choose a RatsBase Lender
Once you have RATS, you'll need to select a RatsBase lending platform to lend your tokens. You can explore some options here.
Platform Coin Interest rate Kucoin RatsBase (RATS) Up to 0.5% APY 3. Earn RatsBase
Once you've selected a platform to earn your RatsBase, transfer your RatsBase 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
Now all you need to do is relax while your cryptocurrency earns interest. The more you deposit, the higher your potential earnings. Ensure that your earning platform offers compounding APY to maximize your returns.
What to be Aware of
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they have in place to secure your cryptocurrency.
Latest Movements
RatsBase (RATS) is currently priced at US$0.5 with a 24-hour trading volume of US$29.92. For those looking to buy or trade RatsBase, Kucoin offers avenues to do so securely and efficiently
- 24h volume
- US$29.92
