How to Lend Boson Protocol (BOSON) in Australia

Introduction

Lending Boson Protocol can be a great option for those who want to hold BOSON 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 Boson Protocol (BOSON) Tokens

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

   Platform	Coin	Cost
   BingX	Boson Protocol (BOSON)	0.04
   Bitfinex	Boson Protocol (BOSON)	0.47
   CoinEx	Boson Protocol (BOSON)	0.04
   Crypto.com	Boson Protocol (BOSON)	0.04
   FMFW.io	Boson Protocol (BOSON)	0.04
   Gate.io	Boson Protocol (BOSON)	0.04

   See all 17 prices

2. 2. Choose a Boson Protocol lender

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

   Platform	Coin	Interest rate
   Kucoin	Boson Protocol (BOSON)	Up to 0.27% p.a.

3. 3. Lend Your Boson Protocol

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