Introduction
Lending The Graph can be a great option for those who want to hold GRT 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 The Graph (GRT) Tokens
In order to lend The Graph, you need to have it. To obtain The Graph, you’ll need to purchase it. You can choose from these popular exchanges.
See all 22 pricesPlatform Coin Price Nexo The Graph (GRT) 0.15 Bitpanda The Graph (GRT) 0.15 Wirex The Graph (GRT) 0.15 Uphold The Graph (GRT) 0.15 Kraken The Graph (GRT) 0.15 OKX The Graph (GRT) 0.15 2. Choose a The Graph Lender
Once you have GRT, you’ll need to choose a The Graph lending platform to lend your tokens. You can see some options here.
See all 6 lending ratesPlatform Coin Interest rate Nexo The Graph (GRT) Up to 5.00 APY Kucoin The Graph (GRT) Up to 0.50 APY 3. Lend Your The Graph
Once you’ve chosen a platform to lending your The Graph, transfer your The Graph 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
The Graph (GRT) is currently priced at $16.00 with a 24-hour trading volume of $37.11M. The market cap of The Graph stands at $1.43B, with $9.55B GRT in circulation. For those looking to buy or trade The Graph, Nexo offers avenues to do so securely and efficiently}
- Market cap
- $1.43B
- 24h volume
- $37.11M
- Circulating supply
- $9.55B