How to Lend Fasttoken (FTN) in Australia: A Step-by-Step Guide

Introduction

Lending Fasttoken can be a great option for those who want to hold FTN 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. Obtain Fasttoken (FTN) Tokens
To lend Fasttoken, you need to possess it. To acquire Fasttoken, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
BingX Fasttoken (FTN) 0.42
Bitget Fasttoken (FTN) 4.52
Bitmart Fasttoken (FTN) 1.68
Bybit Fasttoken (FTN) 4.46
Gate.io Fasttoken (FTN) 0.84
MEXC Global Fasttoken (FTN) 0.5
See all 13 prices
2. Choose a Fasttoken lender
Once you have FTN, you'll need to choose a Fasttoken lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Bitget Fasttoken (FTN) Up to 1% p.a.
3. Lend Your Fasttoken
Once you've chosen a platform to lend your Fasttoken, transfer your Fasttoken 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. 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.

Platform	Coin	Cost
BingX	Fasttoken (FTN)	0.42
Bitget	Fasttoken (FTN)	4.52
Bitmart	Fasttoken (FTN)	1.68
Bybit	Fasttoken (FTN)	4.46
Gate.io	Fasttoken (FTN)	0.84
MEXC Global	Fasttoken (FTN)	0.5

Platform	Coin	Interest rate
Bitget	Fasttoken (FTN)	Up to 1% p.a.

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.