Introduction
Lending HMSTR can be a great option for those who want to hold HMSTR 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 HMSTR (HMSTR) tokens
In order to lend HMSTR, you need to have it. To obtain HMSTR, you’ll need to purchase it. You can choose from these popular exchanges.
See all 11 pricesPlatform Coin Price OKX HMSTR (HMSTR) $0.0029 Binance HMSTR (HMSTR) $0.0029 BTSE HMSTR (HMSTR) $0.0029 BingX HMSTR (HMSTR) $0.0028 Bitmart HMSTR (HMSTR) $0.0028 MEXC Global HMSTR (HMSTR) $0.0029 2. Choose a HMSTR lender
Once you have HMSTR, you’ll need to choose a HMSTR lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin HMSTR (HMSTR) Up to 0.0494% APY 3. Lend your HMSTR
Once you’ve chosen a platform to lending your HMSTR, transfer your HMSTR 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
HMSTR (HMSTR) is currently priced at $30 with a 24-hour trading volume of $47.80M. The market cap of HMSTR stands at 185.90M, with $64.38B HMSTR in circulation. For those looking to buy or trade HMSTR, Kucoin offers avenues to do so securely and efficiently.
- Market cap
- $185.90M
- 24h Volume
- $47.80M
- Circulating supply
- $64.38B