Introduction
Lending Blast can be a great option for those who want to hold BLAST 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 Blast (BLAST) Tokens
In order to lend Blast, you need to have it. To obtain Blast, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Blast Lender
Once you have BLAST, you'll need to choose a Blast lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Blast (BLAST) Up to 0.5 APY 3. Lend Your Blast
Once you've chosen a platform to lending your Blast, transfer your Blast 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
Blast (BLAST) is currently priced at $0.5 with a 24-hour trading volume of $23.62M. The market cap of Blast stands at $214.24M, with 24.2B BLAST in circulation. For those looking to buy or trade Blast, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $214.24M
- 24h volume
- $23.62M
- Circulating supply
- 24.2B BLAST