Introduction
Lending ChainGPT can be a great option for those who want to hold CGPT 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 ChainGPT (CGPT) Tokens
In order to lend ChainGPT, you need to have it. To obtain ChainGPT, you'll need to purchase it. You can choose from these popular exchanges.
See all 30 pricesPlatform Coin Price Binance ChainGPT (CGPT) 0.07 Bitget ChainGPT (CGPT) 0.07 MEXC Global ChainGPT (CGPT) 0.07 Kucoin ChainGPT (CGPT) 0.07 Bitmart ChainGPT (CGPT) 0.07 Gate.io ChainGPT (CGPT) 0.07 2. Choose a ChainGPT Lender
Once you have CGPT, you'll need to choose a ChainGPT lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin ChainGPT (CGPT) Up to 50 APY 3. Lend Your ChainGPT
Once you've chosen a platform to lending your ChainGPT, transfer your ChainGPT 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
ChainGPT (CGPT) is currently priced at $50 with a 24-hour trading volume of $13.06M. The market cap of ChainGPT stands at $171.51M, with 795.38M CGPT in circulation. For those looking to buy or trade ChainGPT, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $171.51M
- 24h volume
- $13.06M
- Circulating supply
- 795.38M CGPT