Earn as much as
100% APY on your investments.
A comprehensive guide on how to earn The Root Network (ROOT) in Nigeria.
We have extensive data on earning The Root Network (ROOT), and we're excited to share some of this valuable information with you.
We present you with various earning opportunities using other cryptocurrencies that may catch your interest.
The Root Network (ROOT) is currently priced at US$100 with a 24-hour trading volume of US$6.65M. The market cap of The Root Network stands at US$37.18M, with 1.45B ROOT in circulation. For those looking to buy or trade The Root Network, Kucoin offers avenues to do so securely and efficiently
Lending The Root Network can be an excellent choice for those looking to hold ROOT 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.
To lend The Root Network, you must first acquire it. To obtain The Root Network, you'll need to purchase it. You can select from these popular exchanges available in Nigeria.
| Platform | Coin | Price |
|---|---|---|
| Uphold | The Root Network (ROOT) | 0.01 |
| Bitget | The Root Network (ROOT) | 0 |
| Bitmart | The Root Network (ROOT) | 0.000217 |
| CoinEx | The Root Network (ROOT) | 0.0002274 |
| Gate.io | The Root Network (ROOT) | 0.0002379 |
| Hotcoin | The Root Network (ROOT) | 0.03 |
Once you have ROOT, you'll need to select a The Root Network lending platform to lend your tokens. You can explore some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Kucoin | The Root Network (ROOT) | Up to 100% APY |
Once you've selected a platform to earn your The Root Network, transfer your The Root Network 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.
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.
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.
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