Introduction
Lending Livepeer can be a great option for those who want to hold LPT 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 Livepeer (LPT) Tokens
In order to lend Livepeer, you need to have it. To obtain Livepeer, you'll need to purchase it. You can choose from these popular exchanges.
See all 51 pricesPlatform Coin Price Uphold Livepeer (LPT) 5.05 Kraken Livepeer (LPT) 5.06 OKX Livepeer (LPT) 3.82 M2 Livepeer (LPT) 5.05 Binance Livepeer (LPT) 5.05 BTSE Livepeer (LPT) 5.08 2. Choose a Livepeer Lender
Once you have LPT, you'll need to choose a Livepeer lending platform to lend your tokens. You can see some options here.
See all 4 lending ratesPlatform Coin Interest rate Kucoin Livepeer (LPT) Up to 0.5 APY Gemini Livepeer (LPT) Up to 0.01 APY 3. Lend Your Livepeer
Once you've chosen a platform to lending your Livepeer, transfer your Livepeer 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
Livepeer (LPT) is currently priced at $0.01 with a 24-hour trading volume of $68.37M. The market cap of Livepeer stands at $502.7M, with 37.17M LPT in circulation. For those looking to buy or trade Livepeer, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $502.7M
- 24h volume
- $68.37M
- Circulating supply
- 37.17M LPT