How to Lend Monky ($MONKY) in Australia: A Step-by-Step Guide

Introduction

Lending Monky can be a great option for those who want to hold $MONKY 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 Monky ($MONKY) Tokens
To lend Monky, you need to possess it. To acquire Monky, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Uphold Monky ($MONKY) 0.00000111
BingX Monky ($MONKY) 0
Bitmart Monky ($MONKY) 0
CoinEx Monky ($MONKY) 0
Gate.io Monky ($MONKY) 0
Kucoin Monky ($MONKY) 0
See all 14 prices
2. Choose a Monky lender
Once you have $MONKY, you'll need to choose a Monky lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Kucoin Monky ($MONKY) Up to 0.02% p.a.
3. Lend Your Monky
Once you've chosen a platform to lend your Monky, transfer your Monky 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
Uphold	Monky ($MONKY)	0.00000111
BingX	Monky ($MONKY)	0
Bitmart	Monky ($MONKY)	0
CoinEx	Monky ($MONKY)	0
Gate.io	Monky ($MONKY)	0
Kucoin	Monky ($MONKY)	0

Platform	Coin	Interest rate
Kucoin	Monky ($MONKY)	Up to 0.02% 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.

Latest Movements

Monky ($MONKY) is currently priced at USD 0.02 with a 24-hour trading volume of USD 5,222.6. For those looking to buy or trade Monky, Kucoin offers avenues to do so securely and efficiently