Introduction
Lending WORK can be a great option for those who want to hold WORK 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 WORK (WORK) Tokens
To lend WORK, you need to have it. To get WORK, you’ll need to buy it. You can pick from these popular exchanges.
Platform Coin Price Gate.io WORK (WORK) 0 2. Choose a WORK Lender
Once you have WORK, you’ll need to choose a WORK lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin WORK (WORK) Up to 100% APY 3. Lend Your WORK
Once you’ve chosen a platform to lend your WORK, transfer your WORK 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
WORK (WORK) is presently priced at US$100 with a 24-hour trading volume of US$109 531. The market cap of WORK stands at US$1,54M, with 1B WORK in circulation. For those interested in buying or trading WORK, Kucoin offers ways to do so safely and efficiently
- Market cap
- US$1,54M
- 24h trading volume
- US$109 531
- Circulating supply
- 1B WORK