How to Lend ai16z (AI16Z) in Australia

Introduction

Lending ai16z can be a great option for those who want to hold AI16Z 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 ai16z (AI16Z) Tokens

   To lend ai16z, you need to possess it. To acquire ai16z, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Cost
   BTSE	ai16z (AI16Z)	0.12
   Kraken	ai16z (AI16Z)	0.12
   Uphold	ai16z (AI16Z)	0.24
   Azbit	ai16z (AI16Z)	0.12
   BingX	ai16z (AI16Z)	0.12
   Bitget	ai16z (AI16Z)	0.12

   See all 32 prices

2. 2. Choose a ai16z lender

   Once you have AI16Z, you'll need to choose a ai16z lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Kucoin	ai16z (AI16Z)	Up to 1.33% p.a.

3. 3. Lend Your ai16z

   Once you've chosen a platform to lend your ai16z, transfer your ai16z 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.