How to Lend Tokoin (TOKO) in Australia: A Step-by-Step Guide

Introduction

Lending Tokoin can be a great option for those who want to hold TOKO 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 Tokoin (TOKO) Tokens
To lend Tokoin, you need to possess it. To acquire Tokoin, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Gate.io Tokoin (TOKO) 0.0001185
Kucoin Tokoin (TOKO) 0.0001126
See all 4 prices
2. Choose a Tokoin lender
Once you have TOKO, you'll need to choose a Tokoin lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Kucoin Tokoin (TOKO) Up to 40% p.a.
3. Lend Your Tokoin
Once you've chosen a platform to lend your Tokoin, transfer your Tokoin 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	Cost
Gate.io	Tokoin (TOKO)	0.0001185
Kucoin	Tokoin (TOKO)	0.0001126

Platform	Coin	Interest rate
Kucoin	Tokoin (TOKO)	Up to 40% 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.