Introduction
Lending EthereumPoW can be a great option for those who want to hold ETHW 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 EthereumPoW (ETHW) Tokens
In order to lend EthereumPoW, you need to have it. To obtain EthereumPoW, you’ll need to purchase it. You can choose from these popular exchanges.
See all 16 pricesPlatform Coin Price Bitpanda EthereumPoW (ETHW) 3.33 Kraken EthereumPoW (ETHW) 3.32 OKX EthereumPoW (ETHW) 3.29 YouHodler EthereumPoW (ETHW) 3.32 BTSE EthereumPoW (ETHW) 3.33 Bitmart EthereumPoW (ETHW) 3.30 2. Choose a EthereumPoW Lender
Once you have ETHW, you’ll need to choose a EthereumPoW lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate MEXC Global EthereumPoW (ETHW) Up to 3.00 APY OKX EthereumPoW (ETHW) Up to 1.00 APY 3. Lend Your EthereumPoW
Once you’ve chosen a platform to lending your EthereumPoW, transfer your EthereumPoW 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
EthereumPoW (ETHW) is currently priced at $3.00 with a 24-hour trading volume of $26.48M. The market cap of EthereumPoW stands at $356.97M, with $107.82M ETHW in circulation. For those looking to buy or trade EthereumPoW, MEXC Global offers avenues to do so securely and efficiently}
- Market cap
- $356.97M
- 24h volume
- $26.48M
- Circulating supply
- $107.82M