Latest Movements
- Market cap
- US$218.91M
- 24h volume
- US$58.85M
- Circulating supply
- 7.39B VELO
VELO
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USDCImportant Notice
Lending Velo can be an excellent choice for those looking to hold VELO 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 Velo, you must first acquire it. To obtain Velo, you'll need to purchase it. You can select from these popular exchanges available in Nigeria.
| Platform | Coin | Price |
|---|---|---|
| Uphold | Velo (VELO) | 0.01 |
| BingX | Velo (VELO) | 0.01 |
| CoinEx | Velo (VELO) | 0.02 |
| Kucoin | Velo (VELO) | 0.01 |
| PointPay | Velo (VELO) | 0.01 |
Once you have VELO, you'll need to select a Velo lending platform to lend your tokens. You can explore some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Kucoin | Velo (VELO) | Up to 0.02% APY |
Once you've selected a platform to earn your Velo, transfer your Velo 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.
