How to Lend Polkastarter (POLS) in Australia: A Step-by-Step Guide

Introduction

Lending Polkastarter can be a great option for those who want to hold POLS 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 Polkastarter (POLS) Tokens
To lend Polkastarter, you need to possess it. To acquire Polkastarter, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Binance Polkastarter (POLS) 0.31
Coinbase Polkastarter (POLS) 0.08
Kraken Polkastarter (POLS) 0.08
Uphold Polkastarter (POLS) 0.21
BingX Polkastarter (POLS) 0.09
Bitpanda Polkastarter (POLS) 0.36
See all 24 prices
2. Choose a Polkastarter lender
Once you have POLS, you'll need to choose a Polkastarter lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Kucoin Polkastarter (POLS) Up to 100% p.a.
3. Lend Your Polkastarter
Once you've chosen a platform to lend your Polkastarter, transfer your Polkastarter 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
Binance	Polkastarter (POLS)	0.31
Coinbase	Polkastarter (POLS)	0.08
Kraken	Polkastarter (POLS)	0.08
Uphold	Polkastarter (POLS)	0.21
BingX	Polkastarter (POLS)	0.09
Bitpanda	Polkastarter (POLS)	0.36

Platform	Coin	Interest rate
Kucoin	Polkastarter (POLS)	Up to 100% 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.