How to Lend Pulsechain FLOW (FLOW) in Australia

Introduction

Lending Pulsechain FLOW can be a great option for those who want to hold FLOW 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 Pulsechain FLOW (FLOW) Tokens

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

   Platform	Coin	Cost
   YouHodler	Pulsechain FLOW (FLOW)	0.09
   Binance	Pulsechain FLOW (FLOW)	0.09
   OKX	Pulsechain FLOW (FLOW)	0.42
   Crypto.com	Pulsechain FLOW (FLOW)	0.12
   HTX	Pulsechain FLOW (FLOW)	0.08
   LBank	Pulsechain FLOW (FLOW)	0.09

   See all 16 prices

2. 2. Choose a Pulsechain FLOW lender

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

   Platform	Coin	Interest rate
   YouHodler	Pulsechain FLOW (FLOW)	Up to 30% p.a.

3. 3. Lend Your Pulsechain FLOW

   Once you've chosen a platform to lend your Pulsechain FLOW, transfer your Pulsechain FLOW 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.