Earn up to
4% APY
An in-depth guide on how to lend Enjin Coin (ENJ)
We have a lot of data on lending Enjin Coin (ENJ) and we share some of this with you.
We show you some lending options with other coins that could be of interest.
Enjin Coin (ENJ) is currently priced at US$4 with a 24-hour trading volume of US$20.28M. The market cap of Enjin Coin stands at US$360.31M, with 1.79B ENJ in circulation. For those looking to buy or trade Enjin Coin, Kucoin offers avenues to do so securely and efficiently
Lending Enjin Coin can be a great option for those who want to hold ENJ but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
In order to lend Enjin Coin, you need to have it. To obtain Enjin Coin, you’ll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Binance | Enjin Coin (ENJ) | 0.03 |
| BTSE | Enjin Coin (ENJ) | 0.03 |
| Coinbase | Enjin Coin (ENJ) | 0.29 |
| Kraken | Enjin Coin (ENJ) | 0.03 |
| OKX | Enjin Coin (ENJ) | 0.1 |
| Bake | Enjin Coin (ENJ) | 0.03 |
Once you have ENJ, you’ll need to choose a Enjin Coin lending platform to lend your tokens. You can see some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Kucoin | Enjin Coin (ENJ) | Up to 4% APY |
Once you’ve chosen a platform to lending your Enjin Coin, transfer your Enjin Coin into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
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