Introduction
Lending Jupiter can be a great option for those who want to hold JUP 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 Jupiter (JUP) Tokens
To lend Jupiter, you need to have it. To get Jupiter, you’ll need to buy it. You can pick from these popular exchanges.
See all 25 pricesPlatform Coin Price Uphold Jupiter (JUP) 0.45 Kraken Jupiter (JUP) 0.46 M2 Jupiter (JUP) 0.46 Bitget Jupiter (JUP) 0.46 Kucoin Jupiter (JUP) 0.46 2. Choose a Jupiter Lender
Once you have JUP, you’ll need to choose a Jupiter lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Jupiter (JUP) Up to 0.5% APY 3. Lend Your Jupiter
Once you’ve chosen a platform to lend your Jupiter, transfer your Jupiter 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
Jupiter (JUP) is presently priced at US$0.5 with a 24-hour trading volume of US$87.86M. The market cap of Jupiter stands at US$1.35B, with 1.69B JUP in circulation. For those interested in buying or trading Jupiter, Kucoin offers ways to do so safely and efficiently
- Market cap
- US$1.35B
- 24h trading volume
- US$87.86M
- Circulating supply
- 1.69B JUP