Introduction

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

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

   Platform	Coin	Cost
   Kraken	JOE (JOE)	0.06
   Uphold	JOE (JOE)	0.17
   BingX	JOE (JOE)	0.06
   Bitget	JOE (JOE)	0.06
   Bitmart	JOE (JOE)	0.06
   Bitpanda	JOE (JOE)	0.55

   See all 17 prices

2. 2. Choose a JOE lender

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

3. 3. Lend Your JOE

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