Where and How to Lend LooksRare (LOOKS)

Introduction

Lending LooksRare can be a great option for those who want to hold LOOKS 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 LooksRare (LOOKS) Tokens

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

   Platform	Loonies	Price
   OKX	LooksRare (LOOKS)	0.02
   BingX	LooksRare (LOOKS)	0.02
   Bitget	LooksRare (LOOKS)	0.02
   Bitmart	LooksRare (LOOKS)	0.02
   Bitpanda	LooksRare (LOOKS)	0.06
   Bybit	LooksRare (LOOKS)	0.02

   See all 24 prices

2. 2. Choose a LooksRare Lender

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

   Platform	Loonies	Interest rate
   Kucoin	LooksRare (LOOKS)	Up to 0.34% annual percentage yield

3. 3. Lend Your LooksRare

   Once you’ve chosen a platform for lending your LooksRare, transfer your LooksRare 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.