How to Lend Cere Network (CERE) in Australia

Introduction

Lending Cere Network can be a great option for those who want to hold CERE 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 Cere Network (CERE) Tokens

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

   Platform	Coin	Cost
   CoinEx	Cere Network (CERE)	0.0003701
   FMFW.io	Cere Network (CERE)	0.000074
   Gate.io	Cere Network (CERE)	0.0003673
   HTX	Cere Network (CERE)	0.000341
   Kucoin	Cere Network (CERE)	0.000372
   MEXC Global	Cere Network (CERE)	0.0003661

   See all 12 prices

2. 2. Choose a Cere Network lender

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

   Platform	Coin	Interest rate
   Kucoin	Cere Network (CERE)	Up to 0.01% p.a.

3. 3. Lend Your Cere Network

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