How to Lend ACryptoS (ACS) in Australia

Introduction

Lending ACryptoS can be a great option for those who want to hold ACS 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 ACryptoS (ACS) Tokens

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

   Platform	Coin	Cost
   Coinbase	ACryptoS (ACS)	0.0003062
   BingX	ACryptoS (ACS)	0.0003038
   Bitmart	ACryptoS (ACS)	0.000302
   Crypto.com	ACryptoS (ACS)	0.0003065
   Gate.io	ACryptoS (ACS)	0.000305
   HTX	ACryptoS (ACS)	0.000318

   See all 16 prices

2. 2. Choose a ACryptoS lender

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

   Platform	Coin	Interest rate
   Kucoin	ACryptoS (ACS)	Up to 0.5% p.a.

3. 3. Lend Your ACryptoS

   Once you've chosen a platform to lend your ACryptoS, transfer your ACryptoS into your wallet on the lending 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 lending 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 willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.