Introduction
Lending Theta Fuel can be a great option for those who want to hold TFUEL 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 Theta Fuel (TFUEL) Tokens
In order to lend Theta Fuel, you need to have it. To obtain Theta Fuel, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Theta Fuel Lender
Once you have TFUEL, you'll need to choose a Theta Fuel lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Theta Fuel (TFUEL) Up to 0.5% APY 3. Lend Your Theta Fuel
Once you've chosen a platform to lending your Theta Fuel, transfer your Theta Fuel 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
Theta Fuel (TFUEL) is currently priced at $0.5 with a 24-hour trading volume of $9.49M. The market cap of Theta Fuel stands at $448.1M, with 6.81B TFUEL in circulation. For those looking to buy or trade Theta Fuel, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $448.1M
- 24h volume
- $9.49M
- Circulating supply
- 6.81B TFUEL
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