Introduction

Lending Pocket Network can be a great option for those who want to hold POKT 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 Pocket Network (POKT) Tokens

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

   Platform	Coin	Cost
   Uphold	Pocket Network (POKT)	0.05
   BingX	Pocket Network (POKT)	0.01
   Bitget	Pocket Network (POKT)	0.01
   CoinEx	Pocket Network (POKT)	0.01
   Gate.io	Pocket Network (POKT)	0.01
   Kucoin	Pocket Network (POKT)	0.01

   See all 13 prices

2. 2. Choose a Pocket Network lender

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

3. 3. Lend Your Pocket Network

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