How to Lend Blast (BLAST) in the cryptocurrency market

Introduction

Lending Blast can be an excellent choice for individuals looking to hold BLAST while earning an attractive APY. The process may seem a bit overwhelming, particularly for first-time users. To simplify this experience, we have created this comprehensive guide tailored for you.

Step-by-Step Guide

1. 1. Acquire Blast (BLAST) Tokens

   To lend Blast, you must first possess it. To acquire Blast, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.

   Platform	Coin	Price
   BTSE	Blast (BLAST)	0 APY
   Coinbase	Blast (BLAST)	0.00072 APY
   Uphold	Blast (BLAST)	0 APY
   BingX	Blast (BLAST)	0.000721 APY
   Bitfinex	Blast (BLAST)	0 APY
   Bitmart	Blast (BLAST)	0.00072 APY

   View all 29 prices

2. 2. Select a Blast lending platform

   Once you have BLAST, you'll need to select a Blast lending platform to lend your tokens. You can explore several options available in the market here.

   Platform	Coin	APY
   Kucoin	Blast (BLAST)	Up to 0.5% APY

3. 3. Lend Your Blast for attractive APY returns

   After selecting a platform to lend your Blast, transfer your Blast into your wallet on the lending platform. Once the deposit is completed, it will begin to accrue APY. Some platforms offer daily interest payouts, while others may provide interest on a weekly or monthly basis.

4. 4. Earn APY on Your Assets

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding APY to maximize your earnings.

What to Consider in the Chinese Market

Lending your cryptocurrency can involve significant risks