How to Lend BlockGames (BLOCK) in Australia

Introduction

Lending BlockGames can be a great option for those who want to hold BLOCK 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 BlockGames (BLOCK) Tokens

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

   Platform	Coin	Cost
   CoinEx	BlockGames (BLOCK)	0.0005756
   Kucoin	BlockGames (BLOCK)	0.000306
   MEXC Global	BlockGames (BLOCK)	0.01

   See all 6 prices

2. 2. Choose a BlockGames lender

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

   Platform	Coin	Interest rate
   Kucoin	BlockGames (BLOCK)	Up to 0.5% p.a.

3. 3. Lend Your BlockGames

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