Introduction
Lending Casper Network can be a great option for those who want to hold CSPR but earn yield. The steps can be a bit daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step guide
1. Obtain Casper Network (CSPR) Tokens
To lend Casper Network, you need to have it. To get Casper Network, you’ll need to buy it. You can pick from these popular exchanges.
2. Choose a Casper Network Lender
Once you have CSPR, you’ll need to choose a Casper Network lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Casper Network (CSPR) Up to 0,4% APY 3. Lend Your Casper Network
Once you’ve chosen a platform to lend your Casper Network, transfer your Casper Network into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay 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 lending platform pays compound 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
Casper Network (CSPR) is presently priced at US$0,4 with a 24-hour trading volume of US$8,75M. The market cap of Casper Network stands at US$189,16M, with 12,75B CSPR in circulation. For those interested in buying or trading Casper Network, Kucoin offers ways to do so safely and efficiently
- Market cap
- US$189,16M
- 24h trading volume
- US$8,75M
- Circulating supply
- 12,75B CSPR