Introduction

Lending SelfKey can be a great option for those who want to hold key 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 SelfKey (key) Tokens

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

   Platform	Coin	Cost
   BingX	SelfKey (key)	0.0003577
   Bitget	SelfKey (key)	0.000525
   Bitmart	SelfKey (key)	0.000379
   Bitpanda	SelfKey (key)	0

   See all 7 prices

2. 2. Choose a SelfKey lender

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

3. 3. Lend Your SelfKey

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