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Where and How to Lend Loopring (LRC)

Earn up to
0.50 APY

Lend with Kucoin

What you'll learn

  1. 1

    How to Lend Loopring (LRC)

    An in-depth guide on how to lend Loopring (LRC)

  2. 2

    Statistics about Loopring Lending

    We have a lot of data on lending Loopring (LRC) and we share some of this with you.

  3. 3

    Other coins you can Lend

    We show you some lending options with other coins that could be of interest.

Introduction

Lending Loopring can be a great option for those who want to hold LRC 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 Loopring (LRC) Tokens

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

  2. 2. Choose a Loopring Lender

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

    PlatformCoinInterest rate
    KucoinLoopring (LRC)Up to 0.50 APY
    OKXLoopring (LRC)Up to 1.00 APY
  3. 3. Lend Your Loopring

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

Latest Movements

Loopring (LRC) is currently priced at $1.00 with a 24-hour trading volume of $11.38M. The market cap of Loopring stands at $144.06M, with $1.25B LRC in circulation. For those looking to buy or trade Loopring, Kucoin offers avenues to do so securely and efficiently}

Market cap
$144.06M
24h volume
$11.38M
Circulating supply
$1.25B
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