Introduction
Lending DigiByte can be a great option for those who want to hold DGB 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 DigiByte (DGB) Tokens
To lend DigiByte, you need to have it. To get DigiByte, you’ll need to buy it. You can choose from these popular exchanges.
See all 29 pricesPlatform Coin Price Uphold DigiByte (DGB) 0,01 OKX DigiByte (DGB) 0,01 Binance DigiByte (DGB) 0,01 Bitmart DigiByte (DGB) 0,01 Kucoin DigiByte (DGB) 0,01 BingX DigiByte (DGB) 0,01 2. Choose a DigiByte Lender
Once you have DGB, you'll need to choose a DigiByte lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin DigiByte (DGB) Up to 0,5% APY 3. Earn DigiByte
Once you've chosen a platform to earn your DigiByte, transfer your DigiByte 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
DigiByte (DGB) is presently priced at US$0,5 with a 24-hour trading volume of US$5,92M. The market cap of DigiByte stands at US$213,26M, with 17,47B DGB in circulation. For those interested in buying or trading DigiByte, Kucoin offers ways to do so safely and efficiently
- Market cap
- US$213,26M
- 24h trading volume
- US$5,92M
- Circulating supply
- 17,47B DGB