Introduction
Lending Oraichain can be a great option for those who want to hold ORAI 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 Oraichain (ORAI) Tokens
To lend Oraichain, you need to have it. To get Oraichain, you’ll need to buy it. You can pick from these popular exchanges.
See all 17 pricesPlatform Coin Price Uphold Oraichain (ORAI) 3.64 Bitget Oraichain (ORAI) 3.65 MEXC Global Oraichain (ORAI) 3.62 Kucoin Oraichain (ORAI) 3.65 Gate.io Oraichain (ORAI) 3.65 CoinEx Oraichain (ORAI) 3.64 2. Choose a Oraichain Lender
Once you have ORAI, you’ll need to choose a Oraichain lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Oraichain (ORAI) Up to 15% APY 3. Lend Your Oraichain
Once you’ve chosen a platform to lend your Oraichain, transfer your Oraichain 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
Oraichain (ORAI) is presently priced at US$15 with a 24-hour trading volume of US$7.1M. The market cap of Oraichain stands at US$182.75M, with 16.87M ORAI in circulation. For those interested in buying or trading Oraichain, Kucoin offers ways to do so safely and efficiently
- Market cap
- US$182.75M
- 24h trading volume
- US$7.1M
- Circulating supply
- 16.87M ORAI