Introduction
Lending Augur is an excellent choice for those looking to hold REP 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 Augur (REP) Tokens
To lend Augur, you must first own it. To acquire Augur, you will need to buy it. You can select from these well-known exchanges.
View all 11 pricesPlatform Coin Cost Kraken Augur (REP) 1.01 Binance Augur (REP) 4.73 Coinbase Augur (REP) 0.68 BingX Augur (REP) 1.2 Bitpanda Augur (REP) 0.68 2. Select a Augur Lender
Once you have REP, you'll need to select a Augur lending platform to lend your tokens. You can find some options listed here.
Platform Coin Interest rate YouHodler Augur (REP) Earn up to 12% APY 3. Lend Your Augur
After selecting a platform to lend your Augur, transfer your Augur 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
Augur (REP) is currently priced at $12 with a 24-hour trading volume of $137,664. The market cap of Augur stands at $5.06M, with 8.04M REP in circulation. For those looking to buy or trade Augur, YouHodler offers avenues to do so securely and efficiently
- Market capitalization
- $5.06M
- 24-hour trading volume
- $137,664
- 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.
- 8.04M REP