Introduction
Lending Guacamole can be a great option for those who want to hold GUAC 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 Guacamole (GUAC) tokens
In order to lend Guacamole, you need to have it. To obtain Guacamole, you’ll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price Bitmart Guacamole (GUAC) $6e-8 Bitget Guacamole (GUAC) $9e-8 2. Choose a Guacamole lender
Once you have GUAC, you’ll need to choose a Guacamole lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Bitget Guacamole (GUAC) Up to 1% APY 3. Lend your Guacamole
Once you’ve chosen a platform to lending your Guacamole, transfer your Guacamole 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
Guacamole (GUAC) is currently priced at $9e-8 with a 24-hour trading volume of $569.47K. In the last 24 hours, Guacamole has seen an increase of 14.71%. The market cap of Guacamole stands at 8.45M, with $98.99T GUAC in circulation. For those looking to buy or trade Guacamole, Bitget offers avenues to do so securely and efficiently.
- Market cap
- $8.45M
- 24h Volume
- $569.47K
- Circulating supply
- $98.99T