Introduction
Lending Proton can be a great option for those who want to hold XPR 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 Proton (XPR) tokens
In order to lend Proton, you need to have it. To obtain Proton, you’ll need to purchase it. You can choose from these popular exchanges.
See all 6 pricesPlatform Coin Price OKX Proton (XPR) $0.0008 Bitmart Proton (XPR) $0.0011 BingX Proton (XPR) $0.0008 MEXC Global Proton (XPR) $0.0008 Kucoin Proton (XPR) $0.0008 Bitget Proton (XPR) $0.0008 2. Choose a Proton lender
Once you have XPR, you’ll need to choose a Proton lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Proton (XPR) Up to 0.5% APY 3. Lend your Proton
Once you’ve chosen a platform to lending your Proton, transfer your Proton 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
Proton (XPR) is currently priced at $0.0008 with a 24-hour trading volume of $759.11K. In the last 24 hours, Proton has seen an increase of 1.57%. The market cap of Proton stands at 22.47M, with $26.66B XPR in circulation. For those looking to buy or trade Proton, reputable platforms like BingX, MEXC Global and Kucoin offer avenues to do so securely and efficiently.
- Market cap
- $22.47M
- 24h Volume
- $759.11K
- Circulating supply
- $26.66B