Introduction
Lending Energy Web Token can be a great option for those who want to hold EWT but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step
1. Obtain Energy Web Token (EWT) tokens
In order to lend Energy Web Token, you need to have it. To obtain Energy Web Token, you’ll need to purchase it. You can choose from these popular exchanges.
2. Choose a Energy Web Token lender
Once you have EWT, you’ll need to choose a Energy Web Token lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Energy Web Token (EWT) Up to 0.5% APY 3. Lend your Energy Web Token
Once you’ve chosen a platform to lending your Energy Web Token, transfer your Energy Web Token into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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 compounding 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
Energy Web Token (EWT) is currently priced at $1.43 with a 24-hour trading volume of $1.37M. In the last 24 hours, Energy Web Token has seen an increase of 2.3%. The market cap of Energy Web Token stands at 73.61M, with $52.61M EWT in circulation. For those looking to buy or trade Energy Web Token, reputable platforms like Kraken, MEXC Global and Kucoin offer avenues to do so securely and efficiently.
- Market cap
- $73.61M
- 24h Volume
- $1.37M
- Circulating supply
- $52.61M