Where and How to Lend FTT Token (FTT)

Introduction

Lending FTT Token can be a great option for those who want to hold FTT but earn yield. The steps can be a little 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. Acquire FTT Token (FTT) Tokens

   To be able to lend FTT Token, you need to have it. To get FTT Token, you’ll have to buy it. You can pick from these popular exchanges.

   Platform	Coin	Price
   Binance	FTT Token (FTT)	0.89
   Azbit	FTT Token (FTT)	0.89
   CoinEx	FTT Token (FTT)	0.89
   Gate.io	FTT Token (FTT)	0.89
   HTX	FTT Token (FTT)	0.89
   Kucoin	FTT Token (FTT)	0.89

   See all 15 prices

2. 2. Choose a FTT Token Lender

   Once you have FTT, you’ll need to choose a FTT Token lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	FTT Token (FTT)	Up to 0.5% APY

3. 3. Lend Your FTT Token

   Once you’ve chosen a platform to lend your FTT Token, transfer your FTT Token into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure 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.