Where and How to Lend TokenFi (TOKEN)

Introduction

Lending TokenFi can be a great option for those who want to hold TOKEN but earn yield. The steps can be a little 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. Acquire TokenFi (TOKEN) Tokens

   To be able to lend TokenFi, you need to have it. To get TokenFi, you’ll have to buy it. You can pick from these popular exchanges.

   Platform	Coin	Price
   Uphold	TokenFi (TOKEN)	0.01
   Kraken	TokenFi (TOKEN)	0.01
   BTSE	TokenFi (TOKEN)	0.01
   MEXC Global	TokenFi (TOKEN)	0.01
   Kucoin	TokenFi (TOKEN)	0.01
   Bitmart	TokenFi (TOKEN)	0.01

   See all 27 prices

2. 2. Choose a TokenFi Lender

   Once you have TOKEN, you’ll need to choose a TokenFi lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	TokenFi (TOKEN)	Up to 0.01 APY

3. 3. Lend Your TokenFi

   Once you’ve chosen a platform to lend your TokenFi, transfer your TokenFi into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure 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.