How to Lend Tellor Tributes (TRB) in Australia: A Step-by-Step Guide

Introduction

Lending Tellor Tributes can be a great option for those who want to hold TRB 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 Tellor Tributes (TRB) Tokens

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

Platform	Coin	Cost
PrimeXBT	Tellor Tributes (TRB)	20.26
Binance	Tellor Tributes (TRB)	20.28
BTSE	Tellor Tributes (TRB)	20.25
Coinbase	Tellor Tributes (TRB)	20.25
OKX	Tellor Tributes (TRB)	29.97
Uphold	Tellor Tributes (TRB)	46.67

See all 48 prices

2. Choose a Tellor Tributes lender
Once you have TRB, you'll need to choose a Tellor Tributes lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Kucoin Tellor Tributes (TRB) Up to 0.5% p.a.
3. Lend Your Tellor Tributes
Once you've chosen a platform to lend your Tellor Tributes, transfer your Tellor Tributes 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	Interest rate
Kucoin	Tellor Tributes (TRB)	Up to 0.5% 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.