Introduction
Lending Strategic Hub for Innovation in Blockchain can be a great option for those who want to hold SHIB 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 Strategic Hub for Innovation in Blockchain (SHIB) Tokens
In order to lend Strategic Hub for Innovation in Blockchain, you need to have it. To obtain Strategic Hub for Innovation in Blockchain, you’ll need to purchase it. You can choose from these popular exchanges.
2. Choose a Strategic Hub for Innovation in Blockchain Lender
Once you have SHIB, you’ll need to choose a Strategic Hub for Innovation in Blockchain lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Strategic Hub for Innovation in Blockchain (SHIB) Up to 0.35 APY 3. Lend Your Strategic Hub for Innovation in Blockchain
Once you’ve chosen a platform to lending your Strategic Hub for Innovation in Blockchain, transfer your Strategic Hub for Innovation in Blockchain 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
Strategic Hub for Innovation in Blockchain (SHIB) is currently priced at $0.35 with a 24-hour trading volume of $134.30K. The market cap of Strategic Hub for Innovation in Blockchain stands at $286.95K, with $95.00M SHIB in circulation. For those looking to buy or trade Strategic Hub for Innovation in Blockchain, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $286.95K
- 24h volume
- $134.30K
- Circulating supply
- $95.00M
