Introduction
Lending Cetus Protocol can be a great option for those who want to hold CETUS 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 Cetus Protocol (CETUS) Tokens
In order to lend Cetus Protocol, you need to have it. To obtain Cetus Protocol, you’ll need to purchase it. You can choose from these popular exchanges.
2. Choose a Cetus Protocol Lender
Once you have CETUS, you’ll need to choose a Cetus Protocol lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Cetus Protocol (CETUS) Up to 0.02 APY OKX Cetus Protocol (CETUS) Up to 1.00 APY 3. Lend Your Cetus Protocol
Once you’ve chosen a platform to lending your Cetus Protocol, transfer your Cetus Protocol 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
Cetus Protocol (CETUS) is currently priced at $0.02 with a 24-hour trading volume of $15.97M. The market cap of Cetus Protocol stands at $53.79M, with $319.29M CETUS in circulation. For those looking to buy or trade Cetus Protocol, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $53.79M
- 24h volume
- $15.97M
- Circulating supply
- $319.29M