Introduction
Lending Ankr Network is an excellent choice for those looking to hold ANKR while earning yield. The process may seem intimidating at first, which is why we've created this guide to help you navigate it.
Comprehensive Guide
1. Acquire Ankr Network (ANKR) Tokens
To lend Ankr Network, you must first own it. To acquire Ankr Network, you will need to buy it. You can select from these well-known exchanges.
2. Select a Ankr Network Lender
Once you have ANKR, you'll need to select a Ankr Network lending platform to lend your tokens. You can find some options listed here.
View all 4 loan ratesPlatform Coin Interest rate Gemini Ankr Network (ANKR) Earn up to 0.01% APY Kucoin Ankr Network (ANKR) Earn up to 0.11% APY 3. Lend Your Ankr Network
After selecting a platform to lend your Ankr Network, transfer your Ankr Network into your wallet on that platform. Once deposited, it will begin to earn interest. Some platforms pay interest daily, while others do so weekly or monthly.
4. Grow Your Savings
Now all you need to do is relax while your crypto accumulates interest. The more you deposit, the greater your potential earnings. Ensure that your lending platform offers compounding interest to maximize your returns.
Things to Consider
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing. Only lend what you can afford to lose. Review their lending practices, read user reviews, and understand how they secure your cryptocurrency.
Recent Developments
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- Market capitalization
- $357.71M
- 24-hour trading volume
- $31.42M
- Circulating supply refers to the total amount of a cryptocurrency or token that is currently available for trading in the market. It excludes tokens that are locked, reserved, or not yet released.
- 10B ANKR
