How to Lend SUKU (SUKU) in Australia

Introduction

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

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

   Platform	Coin	Cost
   Coinbase	SUKU (SUKU)	0.01
   Kraken	SUKU (SUKU)	0.01
   Uphold	SUKU (SUKU)	0.03
   BingX	SUKU (SUKU)	0.03
   Bitfinex	SUKU (SUKU)	0.11
   CoinEx	SUKU (SUKU)	0.01

   See all 18 prices

2. 2. Choose a SUKU lender

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

   Platform	Coin	Interest rate
   Kucoin	SUKU (SUKU)	Up to 0.04% p.a.

3. 3. Lend Your SUKU

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