How to Earn Liquity (LQTY): A Comprehensive Guide for Australians

Introduction

Lending Liquity can be a great option for those who want to hold LQTY 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 Liquity (LQTY) tokens
To lend Liquity, you need to possess it. To acquire Liquity, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Binance Liquity (LQTY) 0.4
Coinbase Liquity (LQTY) 0.4
Kraken Liquity (LQTY) 0.4
OKX Liquity (LQTY) 0.52
Uphold Liquity (LQTY) 1.01
BingX Liquity (LQTY) 0.4
See all 41 prices
2. Choose a Liquity lender
Once you have LQTY, you'll need to choose a Liquity lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Kucoin Liquity (LQTY) Up to 0.5% p.a.
3. Earn Liquity
Once you've chosen a platform to earn your Liquity, transfer your Liquity 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	Liquity (LQTY)	0.4
Coinbase	Liquity (LQTY)	0.4
Kraken	Liquity (LQTY)	0.4
OKX	Liquity (LQTY)	0.52
Uphold	Liquity (LQTY)	1.01
BingX	Liquity (LQTY)	0.4

Platform	Coin	Interest rate
Kucoin	Liquity (LQTY)	Up to 0.5% 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.