How to Lend Klever (KLV) in Australia

Introduction

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

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

   Platform	Coin	Cost
   Bitget	Klever (KLV)	0
   CoinEx	Klever (KLV)	0
   FMFW.io	Klever (KLV)	0
   Gate.io	Klever (KLV)	0
   HTX	Klever (KLV)	0
   Kucoin	Klever (KLV)	0

   See all 16 prices

2. 2. Choose a Klever lender

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

   Platform	Coin	Interest rate
   Kucoin	Klever (KLV)	Up to 0.1% p.a.

3. 3. Lend Your Klever

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