Latest Movements
- Market cap
- $110,437
- Circulating supply
- 317.22B phx
phx
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
LINK
SOL
STETH
TRX
USDCFind the Best Lending Platforms
Lending PHOENIX can be a great option for those who want to hold phx 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.
In order to lend PHOENIX, you need to have it. To obtain PHOENIX, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Bitpanda | PHOENIX (phx) | 2.11 |
| Bybit | PHOENIX (phx) | 0.28 |
| CoinEx | PHOENIX (phx) | 0.28 |
| Phemex | PHOENIX (phx) | 0.28 |
Once you have phx, you'll need to choose a PHOENIX lending platform to lend your tokens. You can see some options here.
Once you've chosen a platform to lending your PHOENIX, transfer your PHOENIX 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.
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.
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.
