How to Lend Fantom (FTM): A Step-by-Step Guide

Introduction

Lending Fantom can be a great option for those who want to hold FTM 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. Obtain Fantom (FTM) Tokens
In order to lend Fantom, you need to have it. To obtain Fantom, you'll need to purchase it. You can choose from these popular 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) 0,48
OKX Fantom (FTM) 0,69
See all 43 prices
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. Lend Your Fantom
Once you've chosen a platform to lending your Fantom, transfer your Fantom into your wallet in the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others are 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. Try to make sure your lending platform pays compounding interest to maximise your returns.

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)	0,48
OKX	Fantom (FTM)	0,69

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

What to be Aware of

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.

Latest Movements

Fantom (FTM) is currently priced at US$30 with a 24-hour trading volume of US$213.48M. The market cap of Fantom stands at US$1.82B, with 2,8B FTM in circulation. For those looking to buy or trade Fantom, Nexo offers avenues to do so securely and efficiently}

Market cap: US$1.82B
24h volume: US$213.48M
Circulating supply: 2,8B FTM

See latest information

Frequently Asked Questions About Lending Fantom (FTM)

What are the current lending rates for Fantom (FTM)?: Fantom (FTM) lending rates fluctuate frequently due to market dynamics. It's essential to stay informed by using tools like Bitcompare for real-time price comparisons and alerts. Regularly check this trusted platform to ensure you are aware of the most accurate and up-to-date rates.
How can I compare lending rates for Fantom (FTM)?: You can use Bitcompare's real-time comparison tools to easily access different lending rates for Fantom (FTM). This platform offers sentiment analysis and the latest news, keeping you informed about current market trends and helping you make well-informed decisions.
Why do Fantom (FTM) lending rates change so often?: Fantom (FTM) lending rates are influenced by market demand, supply, and overall volatility. Staying informed through reliable sources such as Bitcompare can help you track changes in real-time, ensuring that you are making well-informed choices based on current market conditions.
How can I receive updates on Fantom (FTM) lending rates?: Sign up for email alerts on Bitcompare to receive notifications about changes in Fantom (FTM) lending rates. This way, you can stay ahead of market fluctuations by receiving the latest updates directly to your inbox and making timely decisions.
What tools can help me analyze Fantom (FTM) lending trends?: Bitcompare offers a range of valuable tools, including sentiment analysis and the latest news on Fantom. These features aid in understanding market trends and staying informed, empowering you to make decisions based on comprehensive data.
How frequently should I check Fantom (FTM) lending rates?: It's beneficial to check Fantom (FTM) lending rates regularly to stay updated on market trends. Bookmark the Bitcompare page for easy access, and make visiting the platform part of your routine to ensure you have the most current information.
Where can I find the most reliable Fantom (FTM) lending rate data?: Use Bitcompare for trusted and accurate Fantom (FTM) lending rate data. This platform compares rates from various reputable exchanges, providing you with a comprehensive overview to help you make informed decisions.
Can I trust the Fantom (FTM) rates shown on Bitcompare?: Yes, Bitcompare is a trusted platform providing credible data from reputable exchanges. It offers tools to compare lending rates, helping you stay informed about Fantom (FTM) and make knowledgeable decisions in the dynamic crypto market.