Introduction
Lending Nervos Network can be a great option for those who want to hold CKB but earn yield. The steps can be a bit daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Acquire Nervos Network (CKB) Tokens
To lend Nervos Network, you'll need to have it. To get Nervos Network, you'll need to buy it. You can choose from these popular exchanges.
2. Choose a Nervos Network Lender
Once you have CKB, you'll need to choose a Nervos Network lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Bitget Nervos Network (CKB) Up to 0.6% APY Kucoin Nervos Network (CKB) Up to 0.41% APY 3. Earn Nervos Network
Once you've chosen a platform for earning your Nervos Network, transfer your Nervos Network into your wallet on the earning platform. Once it's deposited, it'll start earning interest. Some platforms pay interest daily, while others offer it 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
Nervos Network (CKB) is currently priced at USD 0.6 with a 24-hour trading volume of USD 34.76M. The market cap of Nervos Network stands at USD 502.89M, with 45.51B CKB in circulation. For those looking to buy or trade Nervos Network, Bitget offers avenues to do so securely and efficiently
- Market cap
- USD 502.89M
- 24h volume
- USD 34.76M
- Circulating supply
- 45.51B CKB