Introduction

Lending Firo can be a great option for those who want to hold FIRO 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. Obtain Firo (FIRO) Tokens

   In order to lend Firo, you need to have it. To obtain Firo, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Binance	Firo (FIRO)	0,3
   CoinEx	Firo (FIRO)	0,7
   FMFW.io	Firo (FIRO)	0,34
   Gate.io	Firo (FIRO)	1,17
   HTX	Firo (FIRO)	0,7

   See all 9 prices

2. 2. Choose a Firo Lender

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

3. 3. Lend Your Firo

   Once you've chosen a platform to lending your Firo, transfer your Firo 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. 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.

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.