Introduction
Lending Swell can be a great option for those who want to hold SWELL 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 Swell (SWELL) Tokens
In order to lend Swell, you need to have it. To obtain Swell, you’ll need to purchase it. You can choose from these popular exchanges.
See all 13 pricesPlatform Coin Price Bitpanda Swell (SWELL) 0.04 Kraken Swell (SWELL) 0.04 Coinbase Swell (SWELL) 0.04 Bitmart Swell (SWELL) 0.04 MEXC Global Swell (SWELL) 0.04 BingX Swell (SWELL) 0.04 2. Choose a Swell Lender
Once you have SWELL, you’ll need to choose a Swell lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Swell (SWELL) Up to 0.07 APY 3. Lend Your Swell
Once you’ve chosen a platform to lending your Swell, transfer your Swell 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
Swell (SWELL) is currently priced at $0.07 with a 24-hour trading volume of $63,666,069. The market cap of Swell stands at $55,094,056, with $1,565,482,068 SWELL in circulation. For those looking to buy or trade Swell, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $55.09M
- 24h volume
- $63.67M
- Circulating supply
- $1.57B