Introduction
Lending Kaspa can be a great option for those who want to hold KAS 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.
Step-by-Step Guide
1. Obtain Kaspa (KAS) Tokens
In order to lend Kaspa, you need to have it. To obtain Kaspa, you'll need to purchase it. You can choose from these popular exchanges.
See all 27 pricesPlatform Coin Price BTSE Kaspa (KAS) 0.05 Uphold Kaspa (KAS) 0.09 Bake Kaspa (KAS) 0.05 BingX Kaspa (KAS) 0.05 Bitget Kaspa (KAS) 0.05 Bitmart Kaspa (KAS) 0.05 2. Choose a Kaspa Lender
Once you have KAS, you'll need to choose a Kaspa lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Bitget Kaspa (KAS) Up to 0.3% APY MEXC Global Kaspa (KAS) Up to 12% APY 3. Earn Kaspa
Once you've chosen a platform to earning your Kaspa, transfer your Kaspa into your wallet in the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
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 earning platform pays compounding interest to maximise your returns.
What to be Aware of
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.
Latest Movements
Kaspa (KAS) is currently priced at US$12 with a 24-hour trading volume of US$68.17M. The market cap of Kaspa stands at US$2.89B, with 25.49B KAS in circulation. For those looking to buy or trade Kaspa, MEXC Global offers avenues to do so securely and efficiently
- Market cap
- US$2.89B
- 24h volume
- US$68.17M
- Circulating supply
- 25.49B KAS
