Introduction
Lending bitSmiley can be a great option for those who want to hold SMILE 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 bitSmiley (SMILE) Tokens
In order to lend bitSmiley, you need to have it. To obtain bitSmiley, you'll need to purchase it. You can choose from these popular exchanges.
See all 14 pricesPlatform Coin Price BingX bitSmiley (SMILE) 0.01 Bitget bitSmiley (SMILE) 0.02 Bitmart bitSmiley (SMILE) 0.02 Gate.io bitSmiley (SMILE) 0.01 Kucoin bitSmiley (SMILE) 0.01 MEXC Global bitSmiley (SMILE) 0.03 2. Choose a bitSmiley Lender
Once you have SMILE, you'll need to choose a bitSmiley lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin bitSmiley (SMILE) Up to 0.04% APY 3. Lend Your bitSmiley
Once you've chosen a platform to lending your bitSmiley, transfer your bitSmiley 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
bitSmiley (SMILE) is currently priced at $0.04 with a 24-hour trading volume of $1.18M. The market cap of bitSmiley stands at $2.34M, with 24.46M SMILE in circulation. For those looking to buy or trade bitSmiley, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $2.34M
- 24h volume
- $1.18M
- Circulating supply
- 24.46M SMILE