How to Lend Tectum (TET) in Australia

Introduction

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

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

   Platform	Coin	Cost
   BingX	Tectum (TET)	0.39
   Bitget	Tectum (TET)	0.83
   Bitmart	Tectum (TET)	0.39
   Gate.io	Tectum (TET)	0.39
   MEXC Global	Tectum (TET)	0.39

   See all 10 prices

2. 2. Choose a Tectum lender

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

   Platform	Coin	Interest rate
   Bitget	Tectum (TET)	Up to 1% p.a.

3. 3. Lend Your Tectum

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