How to Lend Banana Gun (BANANA) in Australia

Introduction

Lending Banana Gun can be a great option for those who want to hold BANANA 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 Banana Gun (BANANA) Tokens

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

   Platform	Coin	Cost
   YouHodler	Banana Gun (BANANA)	11.93
   Binance	Banana Gun (BANANA)	11.94
   BTSE	Banana Gun (BANANA)	10
   OKX	Banana Gun (BANANA)	11.97
   BingX	Banana Gun (BANANA)	11.95
   Bitget	Banana Gun (BANANA)	11.94

   See all 30 prices

2. 2. Choose a Banana Gun lender

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

   Platform	Coin	Interest rate
   YouHodler	Banana Gun (BANANA)	Up to 30% p.a.

3. 3. Lend Your Banana Gun

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