Introduction
Lending Skey Network can be a great option for those who want to hold SKEY 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 Skey Network (SKEY) Tokens
In order to lend Skey Network, you need to have it. To obtain Skey Network, you'll need to purchase it. You can choose from these popular exchanges.
See all 6 pricesPlatform Coin Price Kucoin Skey Network (SKEY) 0.01 Bitmart Skey Network (SKEY) 0.01 Probit Skey Network (SKEY) 0.01 2. Choose a Skey Network Lender
Once you have SKEY, you'll need to choose a Skey Network lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Skey Network (SKEY) Up to 24% APY 3. Earn Skey Network
Once you've chosen a platform to earning your Skey Network, transfer your Skey Network 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
Skey Network (SKEY) is currently priced at $24 with a 24-hour trading volume of $411,653. The market cap of Skey Network stands at $57.44M, with 720.38M SKEY in circulation. For those looking to buy or trade Skey Network, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $57.44M
- 24h volume
- $411,653
- Circulating supply
- 720.38M SKEY