How to Lend Threshold Network (T) in Australia

Introduction

Lending Threshold Network can be a great option for those who want to hold T 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 Threshold Network (T) Tokens

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

   Platform	Coin	Cost
   Binance	Threshold Network (T)	0.01
   Coinbase	Threshold Network (T)	0.01
   Kraken	Threshold Network (T)	0.01
   OKX	Threshold Network (T)	0.02
   BingX	Threshold Network (T)	0.01
   Bitget	Threshold Network (T)	0.01

   See all 44 prices

2. 2. Choose a Threshold Network lender

   Once you have T, you'll need to choose a Threshold Network lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Kucoin	Threshold Network (T)	Up to 0.5% p.a.

3. 3. Lend Your Threshold Network

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