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Introduction

Lending Bonk can be a great option for those who want to hold BONK 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. 1. Obtain Bonk (BONK) tokens

   To lend Bonk, you need to possess it. To acquire Bonk, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Cost
   YouHodler	Bonk (BONK)	0.000008218
   Binance	Bonk (BONK)	0.00000822
   BTSE	Bonk (BONK)	0.00000822
   OKX	Bonk (BONK)	0.00002173
   Uphold	Bonk (BONK)	0.00001688
   Bake	Bonk (BONK)	0.00000821

   See all 41 prices

2. 2. Choose a Bonk lender

   Once you have BONK, you'll need to choose a Bonk lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   YouHodler	Bonk (BONK)	Up to 30% p.a.

3. 3. Earn Bonk

   Once you've chosen a platform to earn your Bonk, transfer your Bonk 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. 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.

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.