Earn up to
1.31% AER
An in-depth guide on how to lend Scorum Coin (SCR) in the UK
We have extensive data on lending Scorum Coin (SCR) and we are pleased to share some of this with you.
We present you with various lending options featuring other cryptocurrencies that may pique your interest.
Scorum Coin (SCR) is currently priced at US$1.31 with a 24-hour trading volume of US$493.72. The market cap of Scorum Coin stands at US$224,344, with 9.49M SCR in circulation. For those looking to buy or trade Scorum Coin, Kucoin offers avenues to do so securely and efficiently
Lending Scorum Coin can be an excellent option for those who wish to hold SCR while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.
To lend Scorum Coin, you need to possess it. To obtain Scorum Coin, you'll need to purchase it. You can choose from these popular exchanges in the UK.
| Platform | Coin | Price |
|---|---|---|
| BTSE | Scorum Coin (SCR) | 0.08 |
| Kucoin | Scorum Coin (SCR) | 0.08 |
Once you have SCR, you'll need to choose a Scorum Coin lending platform to lend your tokens. You can see some options here.
| Platform | Coin | AER |
|---|---|---|
| Kucoin | Scorum Coin (SCR) | Up to 1.31% AER |
Once you've chosen a platform to lend your Scorum Coin, transfer your Scorum Coin into your wallet on the lending platform. Once it's deposited, it will start earning AER. Some platforms pay interest daily, while others do so weekly or monthly.
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compounding interest to maximise your returns.
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
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