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

Introduction

Lending FLOKI can be a great option for those who want to hold FLOKI 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 FLOKI (FLOKI) Tokens
To lend FLOKI, you need to possess it. To acquire FLOKI, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
YouHodler FLOKI (FLOKI) 0.00005095
Binance FLOKI (FLOKI) 0.00005101
BTSE FLOKI (FLOKI) 0.00005104
Coinbase FLOKI (FLOKI) 0.000051
Kraken FLOKI (FLOKI) 0.00005106
OKX FLOKI (FLOKI) 0.00006549
See all 49 prices
2. Choose a FLOKI lender
Once you have FLOKI, you'll need to choose a FLOKI lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
YouHodler FLOKI (FLOKI) Up to 16% p.a.
See all 4 lending rates
3. Lend Your FLOKI
Once you've chosen a platform to lend your FLOKI, transfer your FLOKI 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
YouHodler	FLOKI (FLOKI)	0.00005095
Binance	FLOKI (FLOKI)	0.00005101
BTSE	FLOKI (FLOKI)	0.00005104
Coinbase	FLOKI (FLOKI)	0.000051
Kraken	FLOKI (FLOKI)	0.00005106
OKX	FLOKI (FLOKI)	0.00006549

Platform	Coin	Interest rate
YouHodler	FLOKI (FLOKI)	Up to 16% 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.