Earn up to
0% APY
An in-depth guide on how to lend Frax Share (FXS)
We have a lot of data on lending Frax Share (FXS) and we share some of this with you.
We show you some lending options with other coins that could be of interest.
Frax Share (FXS) is currently priced at US$0 with a 24-hour trading volume of US$18.85M. The market cap of Frax Share stands at US$276.97M, with 86.6M FXS in circulation. For those looking to buy or trade Frax Share, Aave offers avenues to do so securely and efficiently
Lending Frax Share can be a great option for those who want to hold FXS 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 Frax Share, you need to have it. To obtain Frax Share, you’ll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Nexo | Frax Share (FXS) | 0.89 |
| Binance | Frax Share (FXS) | 0.89 |
| Kraken | Frax Share (FXS) | 0.89 |
| OKX | Frax Share (FXS) | 0.66 |
| Uphold | Frax Share (FXS) | 3.04 |
| BingX | Frax Share (FXS) | 0.77 |
Once you have FXS, you’ll need to choose a Frax Share lending platform to lend your tokens. You can see some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Aave | Frax Share (FXS) | Up to 0% APY |
| Kucoin | Frax Share (FXS) | Up to 0.5% APY |
Once you’ve chosen a platform to lending your Frax Share, transfer your Frax Share 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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