Introduction
Lending Radix can be a great option for those who want to hold XRD 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 Radix (XRD) Tokens
In order to lend Radix, you need to have it. To obtain Radix, you’ll need to purchase it. You can choose from these popular exchanges.
See all 6 pricesPlatform Coin Price Bitpanda Radix (XRD) $0.0161 BingX Radix (XRD) $0.0161 Bitmart Radix (XRD) $0.0163 MEXC Global Radix (XRD) $0.0161 Kucoin Radix (XRD) $0.0161 Bitget Radix (XRD) $0.016 2. Choose a Radix Lender
Once you have XRD, you’ll need to choose a Radix lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Radix (XRD) Up to 0.3332% APY 3. Lend Your Radix
Once you’ve chosen a platform to lending your Radix, transfer your Radix 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
Radix (XRD) is currently priced at $0.3332 with a 24-hour trading volume of $668.05K. In the last 24 hours, Radix has experienced a decrease of -0.03%. The market cap of Radix stands at 171.18M, with $10.58B XRD in circulation. For those looking to buy or trade Radix, Kucoin offers avenues to do so securely and efficiently.
- Market cap
- $171.18M
- 24h Volume
- $668.05K
- Circulating supply
- $10.58B