Introduction
Lending Arweave can be a great option for those who want to hold AR 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 Arweave (AR) Tokens
In order to lend Arweave, you need to have it. To obtain Arweave, you’ll need to purchase it. You can choose from these popular exchanges.
See all 20 pricesPlatform Coin Price Uphold Arweave (AR) 13.46 OKX Arweave (AR) 13.48 Binance Arweave (AR) 13.44 Bitget Arweave (AR) 13.46 Bitmart Arweave (AR) 13.49 MEXC Global Arweave (AR) 13.49 2. Choose a Arweave Lender
Once you have AR, you’ll need to choose a Arweave lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Bitget Arweave (AR) Up to 1 APY Kucoin Arweave (AR) Up to 0.5 APY 3. Lend Your Arweave
Once you’ve chosen a platform to lending your Arweave, transfer your Arweave into your wallet in the lending 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 lending 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
Arweave (AR) is currently priced at $1 with a 24-hour trading volume of $87.93M. The market cap of Arweave stands at $989.77M, with 65.45M AR in circulation. For those looking to buy or trade Arweave, Bitget offers avenues to do so securely and efficiently}
- Market cap
- $989.77M
- 24h volume
- $87.93M
- Circulating supply
- 65.45M AR