Introduction to the world of cryptocurrency can be both exciting and daunting
Lending Bonk can be an excellent choice for those looking to hold BONK while earning yield. The process may seem a bit intimidating, particularly for first-timers. That's why we've created this guide to help you navigate through it.
Step-by-Step Guide 1
1. Acquire Bonk (BONK) Tokens
To lend Bonk, you must first possess it. To acquire Bonk, you'll need to purchase it. You can select from these well-known exchanges.
See all 41 pricesPlatform Coin Price YouHodler Bonk (BONK) 0,00001052 Binance Bonk (BONK) 0,00001053 BTSE Bonk (BONK) 0,00001052 OKX Bonk (BONK) 0,00002173 Uphold Bonk (BONK) 0,00001688 Bake Bonk (BONK) 0,0000104 2. Select a Bonk Lender
Once you have BONK, you'll need to select a Bonk lending platform to lend your tokens. You can explore some options here.
Platform Coin Interest rate YouHodler Bonk (BONK) Up to 30% APY 3. Earn Bonk with competitive rates that allow you to maximize your investments
Once you've selected a platform to earn your Bonk, transfer your Bonk into your wallet on the earning platform. Once it's deposited, it will begin to accrue interest. Some platforms offer interest payments daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding APY to maximise your returns.
What to be Aware of
Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements
Bonk (BONK) is currently priced at US$30 with a 24-hour trading volume of US$211.72M. The market cap of Bonk stands at US$2.12B, with 76,27T BONK in circulation. For those looking to buy or trade Bonk, YouHodler offers avenues to do so securely and efficiently
- Market cap
- US$2.12B
- 24h volume
- US$211.72M
- Circulating supply
- 76,27T BONK



