Introduction
Lending Vulcan Forged can be an excellent choice for those looking to hold PYR while earning a return. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
Step-by-Step Guide for South African Investors
1. Acquire Vulcan Forged (PYR) Tokens
To lend Vulcan Forged, you first need to possess it. To acquire Vulcan Forged, you'll need to buy it. You can select from these well-known exchanges.
2. Select a Vulcan Forged Lender
Once you have PYR, you'll need to select a Vulcan Forged lending platform to lend your tokens. You can explore some options here.
Platform Mint APY Kucoin Vulcan Forged (PYR) Up to 0,38% APY 3. Earn Vulcan Forged
Once you've selected a platform to earn your Vulcan Forged, transfer your Vulcan Forged into your wallet on the earning platform. Once it's deposited, it will start earning APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in South Africa
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more interest you can earn. Try to ensure your earning platform pays compounding interest to maximise your returns.
What to Keep in Mind
Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements in the Market
Vulcan Forged (PYR) is currently priced at US$0,38 with a 24-hour trading volume of US$6,85M. The market cap of Vulcan Forged stands at US$67,05M, with 23,9M PYR in circulation. For those looking to buy or trade Vulcan Forged, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$67,05M
- 24-hour trading volume
- US$6,85M
- Circulating supply
- 23,9M PYR
