Where and How to Lend Bonk (BONK)

Introduction

Lending Bonk can be a great option for those who want to hold BONK 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. Get Bonk (BONK) Tokens

   To lend Bonk, you need to have it. To get Bonk, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Loonies	Price
   Uphold	Bonk (BONK)	0.00001159
   OKX	Bonk (BONK)	0.00001163
   YouHodler	Bonk (BONK)	0.00001163
   M2	Bonk (BONK)	0.00001163
   Binance	Bonk (BONK)	0.00001163
   BTSE	Bonk (BONK)	0.00001163

   See all 39 prices

2. 2. Choose a Bonk Lender

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

   Platform	Loonies	Interest rate
   YouHodler	Bonk (BONK)	Up to 30 annual percentage yield

3. 3. Lend Your Bonk

   Once you’ve chosen a platform for lending your Bonk, transfer your Bonk into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay 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 maximize your returns.

What to be Aware of

Loaning 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 out their lending practices, reviews, and how they secure your cryptocurrency.