How to Lend Theta Fuel (TFUEL) in Australia

Introduction

Lending Theta Fuel can be a great option for those who want to hold TFUEL 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 Theta Fuel (TFUEL) Tokens

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

   Platform	Coin	Cost
   Binance	Theta Fuel (TFUEL)	0.03
   Uphold	Theta Fuel (TFUEL)	0.04
   BingX	Theta Fuel (TFUEL)	0.03
   Bitmart	Theta Fuel (TFUEL)	0.03
   Bitpanda	Theta Fuel (TFUEL)	0.08
   Blockchain.com	Theta Fuel (TFUEL)	0.05

   See all 27 prices

2. 2. Choose a Theta Fuel lender

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

   Platform	Coin	Interest rate
   Kucoin	Theta Fuel (TFUEL)	Up to 0.5% p.a.

3. 3. Lend Your Theta Fuel

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