Introduction
Lending Ankr Network can be a great option for those who want to hold ANKR but earn yield. The steps can be a bit intimidating, particularly the first time you try them. That’s why we’ve compiled this guide for you.
Step-by-Step Guide
1. Obtain Ankr Network (ANKR) Tokens
To lend Ankr Network, you need to have it. To get Ankr Network, you’ll need to buy it. You can choose from these popular exchanges.
2. Choose a Ankr Network Lender
Once you have ANKR, you'll need to choose a Ankr Network lending platform to lend your tokens. You can see some options here.
See all 4 lending ratesPlatform Coin Interest rate Gemini Ankr Network (ANKR) Up to 0,01% APY Kucoin Ankr Network (ANKR) Up to 4% APY 3. Earn Ankr Network
Once you've chosen a platform to earn your Ankr Network, transfer your Ankr Network into your wallet on the earning 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 earning 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
Ankr Network (ANKR) is presently priced at US$0,01 with a 24-hour trading volume of US$31,42M. The market cap of Ankr Network stands at US$357,71M, with 10B ANKR in circulation. For those interested in buying or trading Ankr Network, Gemini offers ways to do so safely and efficiently
- Market cap
- US$357,71M
- 24h trading volume
- US$31,42M
- Circulating supply
- 10B ANKR