Introduction
Lending Bluzelle can be a great option for those who want to hold BLZ 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 Bluzelle (BLZ) Tokens
In order to lend Bluzelle, you need to have it. To obtain Bluzelle, you’ll need to purchase it. You can choose from these popular exchanges.
See all 14 pricesPlatform Coin Price Bitpanda Bluzelle (BLZ) 0.09 Uphold Bluzelle (BLZ) 0.09 Kraken Bluzelle (BLZ) 0.09 Binance Bluzelle (BLZ) 0.09 Coinbase Bluzelle (BLZ) 0.09 Bitmart Bluzelle (BLZ) 0.09 2. Choose a Bluzelle Lender
Once you have BLZ, you’ll need to choose a Bluzelle lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Bluzelle (BLZ) Up to 0.50 APY 3. Lend Your Bluzelle
Once you’ve chosen a platform to lending your Bluzelle, transfer your Bluzelle 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
Bluzelle (BLZ) is currently priced at $0.50 with a 24-hour trading volume of $4.60M. The market cap of Bluzelle stands at $39.35M, with $449.80M BLZ in circulation. For those looking to buy or trade Bluzelle, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $39.35M
- 24h volume
- $4.60M
- Circulating supply
- $449.80M