Introduction
Lending Fartcoin can be a great option for those who want to hold FARTCOIN 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 Fartcoin (FARTCOIN) Tokens
In order to lend Fartcoin, you need to have it. To obtain Fartcoin, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Fartcoin Lender
Once you have FARTCOIN, you'll need to choose a Fartcoin lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Fartcoin (FARTCOIN) Up to 1.49% APY 3. Lend Your Fartcoin
Once you've chosen a platform to lending your Fartcoin, transfer your Fartcoin 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
Fartcoin (FARTCOIN) is currently priced at $1.49 with a 24-hour trading volume of $197.45M. The market cap of Fartcoin stands at $906.86M, with 1B FARTCOIN in circulation. For those looking to buy or trade Fartcoin, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $906.86M
- 24h volume
- $197.45M
- Circulating supply
- 1B FARTCOIN
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