Introduction
Lending Toncoin can be a great option for those who want to hold TON 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
1. Obtain Toncoin (TON) tokens
In order to lend Toncoin, you need to have it. To obtain Toncoin, you’ll need to purchase it. You can choose from these popular exchanges.
See all 14 pricesPlatform Coin Price M2 Toncoin (TON) $5.41 Uphold Toncoin (TON) $6.53 YouHodler Toncoin (TON) $5.41 OKX Toncoin (TON) $5.41 PrimeXBT Toncoin (TON) $5.41 Binance Toncoin (TON) $5.51 2. Choose a Toncoin lender
Once you have TON, you’ll need to choose a Toncoin lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Klink Toncoin (TON) Up to 2.56% APY MEXC Global Toncoin (TON) Up to 10% APY 3. Lend your Toncoin
Once you’ve chosen a platform to lending your Toncoin, transfer your Toncoin 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
Unfortunately, there is no pricing data available for Toncoin (TON) at the moment.
- Market cap
- $13.67B
- 24h Volume
- $193.01M
- Circulating supply
- $2.54B
Toncoin (TON) lending news
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