How to Earn Amp (AMP): A Comprehensive Guide for Australians

Introduction

Lending Amp can be a great option for those who want to hold AMP while earning yield. The steps may seem a bit 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 Amp (AMP) tokens
To lend Amp, you need to possess it. To acquire Amp, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Binance Amp (AMP) 0
Coinbase Amp (AMP) 0
Uphold Amp (AMP) 0
BingX Amp (AMP) 0
Bitget Amp (AMP) 0
Bitmart Amp (AMP) 0
See all 27 prices
2. Choose a Amp lender
Once you have AMP, you'll need to choose a Amp lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Gemini Amp (AMP) Up to 0.01% p.a.
3. Earn Amp
Once you've chosen a platform to earn your Amp, transfer your Amp into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so 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. Ensure your earning platform pays compounding interest to maximise your returns.

Platform	Coin	Cost
Binance	Amp (AMP)	0
Coinbase	Amp (AMP)	0
Uphold	Amp (AMP)	0
BingX	Amp (AMP)	0
Bitget	Amp (AMP)	0
Bitmart	Amp (AMP)	0

Platform	Coin	Interest rate
Gemini	Amp (AMP)	Up to 0.01% p.a.

What to Be Aware Of

Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're prepared to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.