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

Introduction

Lending Noku can be a great option for those who want to hold NOKU 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 Noku (NOKU) Tokens
To lend Noku, you need to possess it. To acquire Noku, you'll need to buy it. You can select from these popular exchanges.
2. Choose a Noku lender
Once you have NOKU, you'll need to choose a Noku lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Aave Noku (NOKU) Up to 0.0009879% p.a.
3. Lend Your Noku
Once you've chosen a platform to lend your Noku, transfer your Noku 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	Interest rate
Aave	Noku (NOKU)	Up to 0.0009879% 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.