Earn up to
40% APY
A comprehensive guide on how to lend Polytrade (TRADE)
We have extensive data on lending Polytrade (TRADE), and we are sharing some of this information with you.
We present various lending options with alternative cryptocurrencies that may pique your interest.
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Lending Polytrade is an excellent choice for those looking to hold TRADE while earning yield. The process may seem intimidating at first, which is why we've created this guide to help you navigate it.
To lend Polytrade, you must first own it. To acquire Polytrade, you will need to buy it. You can select from these well-known exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Bitfinex | Polytrade (TRADE) | 0.74 |
| CoinEx | Polytrade (TRADE) | 0.05 |
| Gate.io | Polytrade (TRADE) | 0.05 |
| MEXC Global | Polytrade (TRADE) | 0.05 |
Once you have TRADE, you'll need to select a Polytrade lending platform to lend your tokens. You can find some options listed here.
| Platform | Coin | Interest rate |
|---|---|---|
| Kucoin | Polytrade (TRADE) | Earn up to 40% APY |
After selecting a platform to lend your Polytrade, transfer your Polytrade 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.
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.
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.
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