Introduction
Lending Jito can be a great option for those who want to hold JTO 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 Jito (JTO) Tokens
In order to lend Jito, you need to have it. To obtain Jito, you'll need to purchase it. You can choose from these popular exchanges.
See all 53 pricesPlatform Coin Price PrimeXBT Jito (JTO) 0.71 Binance Jito (JTO) 0.72 BTSE Jito (JTO) 0.72 Coinbase Jito (JTO) 0.72 Kraken Jito (JTO) 0.7 OKX Jito (JTO) 1.67 2. Choose a Jito Lender
Once you have JTO, you'll need to choose a Jito lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Jito (JTO) Up to 0.5% APY 3. Earn Jito
Once you've chosen a platform to earning your Jito, transfer your Jito 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
Jito (JTO) is currently priced at $0.5 with a 24-hour trading volume of $61.87M. The market cap of Jito stands at $781.24M, with 280.55M JTO in circulation. For those looking to buy or trade Jito, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $781.24M
- 24h volume
- $61.87M
- Circulating supply
- 280.55M JTO
Frequently Asked Questions About Lending Jito (JTO)
- What are the current lending rates for Jito (JTO)?
- The current lending rates for Jito (JTO) include a total of one rate, with an average lending rate of 0.5%. The best lending rate available is offered on Kucoin, although specific percentage details are currently unavailable. For accurate and up-to-date information, users are encouraged to regularly check the Jito page on Bitcompare, where they can access real-time comparisons and alerts.
