Introduction
Lending GPT Protocol can be a great option for those who want to hold GPT while earning yield. The steps may seem 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 GPT Protocol (GPT) tokens
To lend GPT Protocol, you need to possess it. To acquire GPT Protocol, you'll need to buy it. You can select from these popular exchanges.
See all 5 pricesPlatform Coin Cost Bitget GPT Protocol (GPT) 0 Hotcoin GPT Protocol (GPT) 29.29 MEXC Global GPT Protocol (GPT) 0.000044 2. Choose a GPT Protocol lender
Once you have GPT, you'll need to choose a GPT Protocol lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Bitget GPT Protocol (GPT) Up to 0.8% p.a. 3. Earn GPT Protocol
Once you've chosen a platform to earn your GPT Protocol, transfer your GPT Protocol into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so 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. Ensure your earning platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're prepared to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
GPT Protocol (GPT) is currently priced at USD 0.8 with a 24-hour trading volume of USD 67,684. For those looking to buy or trade GPT Protocol, Bitget offers avenues to do so securely and efficiently
- 24-hour volume
- USD 67,684