Introduction
Lending Taiko can be a great option for those who want to hold TAIKO 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 Taiko (TAIKO) Tokens
In order to lend Taiko, you need to have it. To obtain Taiko, you’ll need to purchase it. You can choose from these popular exchanges.
See all 10 pricesPlatform Coin Price Bitpanda Taiko (TAIKO) 1.36 BTSE Taiko (TAIKO) 1.38 BingX Taiko (TAIKO) 1.38 Bitmart Taiko (TAIKO) 1.39 MEXC Global Taiko (TAIKO) 1.38 Kucoin Taiko (TAIKO) 1.37 2. Choose a Taiko Lender
Once you have TAIKO, you’ll need to choose a Taiko lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Taiko (TAIKO) Up to 0.50 APY 3. Lend Your Taiko
Once you’ve chosen a platform to lending your Taiko, transfer your Taiko 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
Taiko (TAIKO) is currently priced at $0.50 with a 24-hour trading volume of $7.94M. The market cap of Taiko stands at $111.31M, with $81.48M TAIKO in circulation. For those looking to buy or trade Taiko, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $111.31M
- 24h volume
- $7.94M
- Circulating supply
- $81.48M