Introduction
Lending Worldcoin can be a great option for those who want to hold wld 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 Worldcoin (wld) Tokens
In order to lend Worldcoin, you need to have it. To obtain Worldcoin, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price BTSE Worldcoin (wld) 0.33 Nexo Worldcoin (wld) 0.33 2. Choose a Worldcoin Lender
Once you have wld, you'll need to choose a Worldcoin lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate YouHodler Worldcoin (wld) Up to 16% APY 3. Lend Your Worldcoin
Once you've chosen a platform to lend your Worldcoin, transfer your Worldcoin 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.
Building a crypto integration?
Access yield rates programmatically via the Bitcompare Pro API. 10,000 requests/month free.
Latest Movements
Worldcoin (wld) is currently priced at $0.33 with a 24-hour trading volume of $129.83M. In the last 24 hours, Worldcoin has seen an increase of 6.92%. The market cap of Worldcoin stands at $1.02B, with 3.1B wld in circulation. For those looking to buy or trade Worldcoin, YouHodler offers avenues to do so securely and efficiently
- Market cap
- $1.02B
- 24h volume
- $129.83M
- Circulating supply
- 3.1B wld
