Where and How to Earn Phavercoin (SOCIAL) in Australia

Introduction

Lending Phavercoin can be a great option for those who want to hold SOCIAL 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 Phavercoin (SOCIAL) tokens

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

   Platform	Coin	Cost
   Bitget	Phavercoin (SOCIAL)	0.000197
   CoinEx	Phavercoin (SOCIAL)	0.00003016
   Gate.io	Phavercoin (SOCIAL)	0.00000297
   Kucoin	Phavercoin (SOCIAL)	0.0000577
   MEXC Global	Phavercoin (SOCIAL)	0.00006128

   See all 10 prices

2. 2. Choose a Phavercoin lender

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

   Platform	Coin	Interest rate
   Bitget	Phavercoin (SOCIAL)	Up to 10% p.a.

3. 3. Earn Phavercoin

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