How to Lend Orbofi AI (OBI) in Australia

Introduction

Lending Orbofi AI can be a great option for those who want to hold OBI 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 Orbofi AI (OBI) Tokens

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

   Platform	Coin	Cost
   Gate.io	Orbofi AI (OBI)	0.0003426
   Kucoin	Orbofi AI (OBI)	0.000338
   MEXC Global	Orbofi AI (OBI)	0.000938

   See all 6 prices

2. 2. Choose a Orbofi AI lender

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

   Platform	Coin	Interest rate
   Kucoin	Orbofi AI (OBI)	Up to 50% p.a.

3. 3. Lend Your Orbofi AI

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