Where and How to Lend eCash (XEC)

Introduction

Lending eCash can be a great option for those who want to hold XEC 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. 1. Obtain eCash (XEC) Tokens

   In order to lend eCash, you need to have it. To obtain eCash, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	eCash (XEC)	0.00
   OKX	eCash (XEC)	0.00
   Binance	eCash (XEC)	0.00
   Bitmart	eCash (XEC)	0.00
   MEXC Global	eCash (XEC)	0.00
   BingX	eCash (XEC)	0.00

   See all 13 prices

2. 2. Choose a eCash Lender

   Once you have XEC, you’ll need to choose a eCash lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	eCash (XEC)	Up to 0.50 APY

3. 3. Lend Your eCash

   Once you’ve chosen a platform to lending your eCash, transfer your eCash 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. 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.