Introduction
Lending Lifeform can be a great option for those who want to hold LFT 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 Lifeform (LFT) Tokens
In order to lend Lifeform, you need to have it. To obtain Lifeform, you'll need to purchase it. You can choose from these popular exchanges.
See all 6 pricesPlatform Coin Price Bitget Lifeform (LFT) 0.02 Kucoin Lifeform (LFT) 0.01 CoinEx Lifeform (LFT) 0.01 2. Choose a Lifeform Lender
Once you have LFT, you'll need to choose a Lifeform lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Lifeform (LFT) Up to 30% APY 3. Earn Lifeform
Once you've chosen a platform to earning your Lifeform, transfer your Lifeform 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
Lifeform (LFT) is currently priced at $30 with a 24-hour trading volume of $1.83M. The market cap of Lifeform stands at $4.34M, with 120M LFT in circulation. For those looking to buy or trade Lifeform, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $4.34M
- 24h volume
- $1.83M
- Circulating supply
- 120M LFT