Introduction
Lending XEN Crypto can be a great option for those who want to hold XEN 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 XEN Crypto (XEN) Tokens
In order to lend XEN Crypto, you need to have it. To obtain XEN Crypto, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a XEN Crypto Lender
Once you have XEN, you'll need to choose a XEN Crypto lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate MEXC Global XEN Crypto (XEN) Up to 0,5% APY Bitget XEN Crypto (XEN) Up to 8% APY 3. Lend Your XEN Crypto
Once you've chosen a platform to lending your XEN Crypto, transfer your XEN Crypto 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
XEN Crypto (XEN) is currently priced at US$8 with a 24-hour trading volume of US$1,73M. The market cap of XEN Crypto stands at US$21,92M, with 171,22T XEN in circulation. For those looking to buy or trade XEN Crypto, MEXC Global offers avenues to do so securely and efficiently}
- Market cap
- US$21,92M
- 24h volume
- US$1,73M
- Circulating supply
- 171,22T XEN
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