Introduction

Lending Blok Token can be a great option for those who want to hold BLOK 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 Blok Token (BLOK) Tokens

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

   Platform	Coin	Cost
   BingX	Blok Token (BLOK)	0.0000825
   Bitget	Blok Token (BLOK)	0.000451
   Bitmart	Blok Token (BLOK)	0.0002306
   CoinEx	Blok Token (BLOK)	0.00008201
   Kucoin	Blok Token (BLOK)	0.0000813
   MEXC Global	Blok Token (BLOK)	0.00008271

   See all 12 prices

2. 2. Choose a Blok Token lender

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

   Platform	Coin	Interest rate
   Kucoin	Blok Token (BLOK)	Up to 0.5% p.a.

3. 3. Lend Your Blok Token

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