Introduction
Lending Pocket Network can be a great option for those who want to hold POKT 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 Pocket Network (POKT) tokens
In order to lend Pocket Network, you need to have it. To obtain Pocket Network, you’ll need to purchase it. You can choose from these popular exchanges.
See all 6 pricesPlatform Coin Price Bitmart Pocket Network (POKT) $0.1085 BingX Pocket Network (POKT) $0.0365 MEXC Global Pocket Network (POKT) $0.0353 Kucoin Pocket Network (POKT) $0.0365 Bitget Pocket Network (POKT) $0.0455 Bybit Pocket Network (POKT) $0.0367 2. Choose a Pocket Network lender
Once you have POKT, you’ll need to choose a Pocket Network lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Bitget Pocket Network (POKT) Up to 1% APY 3. Lend your Pocket Network
Once you’ve chosen a platform to lending your Pocket Network, transfer your Pocket Network 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
Pocket Network (POKT) is currently priced at $0.0365 with a 24-hour trading volume of $684.14K. In the last 24 hours, Pocket Network has seen an increase of 0.11%. The market cap of Pocket Network stands at 61.58M, with $1.69B POKT in circulation. For those looking to buy or trade Pocket Network, reputable platforms like BingX, Kucoin and Bybit offer avenues to do so securely and efficiently.
- Market cap
- $61.58M
- 24h Volume
- $684.14K
- Circulating supply
- $1.69B