Introduction
Lending Ontology can be a great option for those who want to hold ONT 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 Ontology (ONT) Tokens
In order to lend Ontology, you need to have it. To obtain Ontology, you’ll need to purchase it. You can choose from these popular exchanges.
See all 9 pricesPlatform Coin Price Bitpanda Ontology (ONT) 0.17 Uphold Ontology (ONT) 0.18 OKX Ontology (ONT) 0.18 Binance Ontology (ONT) 0.17 BingX Ontology (ONT) 0.18 Bitmart Ontology (ONT) 0.26 2. Choose a Ontology Lender
Once you have ONT, you’ll need to choose a Ontology lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate OKX Ontology (ONT) Up to 1.00 APY 3. Lend Your Ontology
Once you’ve chosen a platform to lending your Ontology, transfer your Ontology 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
Ontology (ONT) is currently priced at $1.00 with a 24-hour trading volume of $5.60M. The market cap of Ontology stands at $159.09M, with $907.70M ONT in circulation. For those looking to buy or trade Ontology, OKX offers avenues to do so securely and efficiently}
- Market cap
- $159.09M
- 24h volume
- $5.60M
- Circulating supply
- $907.70M