Introduction
Lending Threshold Network can be a great option for those who want to hold T 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 Threshold Network (T) Tokens
In order to lend Threshold Network, you need to have it. To obtain Threshold Network, you’ll need to purchase it. You can choose from these popular exchanges.
2. Choose a Threshold Network Lender
Once you have T, you’ll need to choose a Threshold Network lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Threshold Network (T) Up to 0.50 APY OKX Threshold Network (T) Up to 1.00 APY 3. Lend Your Threshold Network
Once you’ve chosen a platform to lending your Threshold Network, transfer your Threshold Network 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
Threshold Network (T) is currently priced at $1.00 with a 24-hour trading volume of $17.70M. The market cap of Threshold Network stands at $204.33M, with $9.96B T in circulation. For those looking to buy or trade Threshold Network, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $204.33M
- 24h volume
- $17.70M
- Circulating supply
- $9.96B