Introduction
Lending PIP can be a great option for those who want to hold pip 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 Guide
1. Obtain PIP (pip) Tokens
In order to lend PIP, you need to have it. To obtain PIP, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a PIP Lender
Once you have pip, you'll need to choose a PIP lending platform to lend your tokens. You can see some options here.
3. Earn PIP
Once you've chosen a platform to earning your PIP, transfer your PIP into your wallet in the earning 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 earning 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
PIP (pip) is currently priced at $4 with a 24-hour trading volume of $100,217. The market cap of PIP stands at $1.2M, with 376.47M pip in circulation. For those looking to buy or trade PIP, Bitget offers avenues to do so securely and efficiently}
- Market cap
- $1.2M
- 24h volume
- $100,217
- Circulating supply
- 376.47M pip