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Lending Blok Token can be an excellent choice for those looking to hold BLOK while generating yield. The process might seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
To lend Blok Token, you first need to possess it. To acquire Blok Token, you'll have to buy it. You can select from these popular exchanges available in Spain.
| Plataforma | Cripto | Price |
|---|---|---|
| BingX | Blok Token (BLOK) | 0,0000808 APY |
| Bitget | Blok Token (BLOK) | 0,000451 APY |
| Bitmart | Blok Token (BLOK) | 0,0002306 APY |
| CoinEx | Blok Token (BLOK) | 0,00008208 APY |
| Kucoin | Blok Token (BLOK) | 0,0000822 APY |
| MEXC Global | Blok Token (BLOK) | 0,00008111 APY |
Once you have BLOK, you'll need to select a Blok Token lending platform to lend your tokens. You can explore some options here.
| Plataforma | Cripto | APY |
|---|---|---|
| Kucoin | Blok Token (BLOK) | Hasta 0,5% APY |
Once you've selected a platform to lend your Blok Token, transfer your Blok Token into your wallet on the lending platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.
Lending your crypto can be risky