How to Lend Alien Worlds (TLM) in Australia

Introduction

Lending Alien Worlds can be a great option for those who want to hold TLM 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 Alien Worlds (TLM) Tokens

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

   Platform	Coin	Cost
   Binance	Alien Worlds (TLM)	0
   Kraken	Alien Worlds (TLM)	0
   BingX	Alien Worlds (TLM)	0
   Bitget	Alien Worlds (TLM)	0
   Bitmart	Alien Worlds (TLM)	0
   Bitpanda	Alien Worlds (TLM)	0.01

   See all 31 prices

2. 2. Choose a Alien Worlds lender

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

   Platform	Coin	Interest rate
   Kucoin	Alien Worlds (TLM)	Up to 0.5% p.a.

3. 3. Lend Your Alien Worlds

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