How to Lend Bone ShibaSwap (BONE) in Australia

Introduction

Lending Bone ShibaSwap can be a great option for those who want to hold BONE 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 Bone ShibaSwap (BONE) Tokens

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

   Platform	Coin	Cost
   OKX	Bone ShibaSwap (BONE)	0.23
   Uphold	Bone ShibaSwap (BONE)	0.29
   BingX	Bone ShibaSwap (BONE)	0.08
   Bitget	Bone ShibaSwap (BONE)	0.19
   Bitmart	Bone ShibaSwap (BONE)	0.08
   CoinEx	Bone ShibaSwap (BONE)	0.08

   See all 23 prices

2. 2. Choose a Bone ShibaSwap lender

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

   Platform	Coin	Interest rate
   Bitget	Bone ShibaSwap (BONE)	Up to 0.3% p.a.

3. 3. Lend Your Bone ShibaSwap

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