Where and How to Earn Fantom (FTM)

简介

Lending Fantom for those who want to hold FTM, but also earn yield, can be a good choice. The steps might be a bit intimidating, especially the first time you try them. Therefore, we've prepared this guide for you.

Step-by-step Guide

1. 1. Obtain Fantom (FTM) Tokens

   To lend Fantom, you need to already own it. To get Fantom, you’ll need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Price
   Nexo	Fantom (FTM)	0.47
   PrimeXBT	Fantom (FTM)	0.68
   Uphold	Fantom (FTM)	0.68
   YouHodler	Fantom (FTM)	0.7
   Kraken	Fantom (FTM)	0.57
   OKX	Fantom (FTM)	0.69

   See all 43 prices

2. 2. Choose a Fantom Lender

   Once you have FTM, you'll need to choose a Fantom lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Nexo	Fantom (FTM)	Up to 7% APY
   YouHodler	Fantom (FTM)	Up to 30% APY
   Nebeus	Fantom (FTM)	Up to 13% APY
   Kucoin	Fantom (FTM)	Up to 1.8% APY

   See all 6 lending rates

3. 3. Earn Fantom

   After selecting a platform for earning your Fantom, transfer your Fantom to your wallet on the earning platform. Once deposited, it begins to earn interest. Some platforms provide interest payouts daily, while others do so weekly or monthly.

4. 4. Earn收益

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximize your returns.

Things to Note

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.