Introduction
Lending Function X can be a great option for those who want to hold FX 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 Function X (FX) tokens
In order to lend Function X, you need to have it. To obtain Function X, you’ll need to purchase it. You can choose from these popular exchanges.
- 2
Choose a Function X lender
Once you have FX, you’ll need to choose a Function X lending platform to lend your tokens. You can see some options here.
- 3
Lend your Function X
Once you’ve chosen a platform to lending your Function X, transfer your Function X 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
Function X (FX) is currently priced at $0.1407, with a 24-hour trading volume of $138.72K. In the last 24 hours, Function X has experienced a decrease to -1.09. The market cap of Function X stands at $58.38M, with 408.52M in circulation. For those looking to buy or trade Function X, reputable platforms like Coinbase offer avenues to do so securely and efficiently.
- Market cap
- $58.38M
- Volume
- $138.72K
- Circulating supply
- $408.52M
