Introduction

Lending Alpaca Finance can be a great option for those who want to hold ALPACA 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 Alpaca Finance (ALPACA) Tokens

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

   Platform	Coin	Cost
   Binance	Alpaca Finance (ALPACA)	0.22
   BingX	Alpaca Finance (ALPACA)	0.01
   Bitget	Alpaca Finance (ALPACA)	0.05
   Bitmart	Alpaca Finance (ALPACA)	0.03
   Bybit	Alpaca Finance (ALPACA)	1.09
   CoinEx	Alpaca Finance (ALPACA)	0.02

   See all 26 prices

2. 2. Choose a Alpaca Finance lender

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

3. 3. Lend Your Alpaca Finance

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