How to Lend Coin98 (C98) in Australia

Introduction

Lending Coin98 can be a great option for those who want to hold C98 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 Coin98 (C98) Tokens

   To lend Coin98, you need to possess it. To acquire Coin98, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Cost
   Binance	Coin98 (C98)	0.02
   BTSE	Coin98 (C98)	0.02
   Coinbase	Coin98 (C98)	0.02
   Kraken	Coin98 (C98)	0.02
   Uphold	Coin98 (C98)	0.05
   BingX	Coin98 (C98)	0.02

   See all 43 prices

2. 2. Choose a Coin98 lender

   Once you have C98, you'll need to choose a Coin98 lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Kucoin	Coin98 (C98)	Up to 0.5% p.a.

3. 3. Lend Your Coin98

   Once you've chosen a platform to lend your Coin98, transfer your Coin98 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.