Introduction
Lending FTT Token can be a great option for those who want to hold FTT 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 FTT Token (FTT) tokens
To lend FTT Token, you need to possess it. To acquire FTT Token, you'll need to buy it. You can select from these popular exchanges.
See all 15 pricesPlatform Coin Cost Binance FTT Token (FTT) 0.47 Azbit FTT Token (FTT) 0.47 CoinEx FTT Token (FTT) 0.47 Gate.io FTT Token (FTT) 0.47 HTX FTT Token (FTT) 0.47 Kucoin FTT Token (FTT) 0.47 2. Choose a FTT Token lender
Once you have FTT, you'll need to choose a FTT Token lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Kucoin FTT Token (FTT) Up to 0.5% p.a. 3. Earn FTT Token
Once you've chosen a platform to earn your FTT Token, transfer your FTT Token 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.
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.
Latest Movements
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