Introduction
Lending Bonk On Base can be an excellent option for those who wish to hold BONK while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.
Step-by-Step Guide
1. Obtain Bonk On Base (BONK) Tokens
To lend Bonk On Base, you need to possess it. To obtain Bonk On Base, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 6 pricesPlatform Coin Price Kraken Bonk On Base (BONK) 0.000008186 Azbit Bonk On Base (BONK) 0.00000819 Kucoin Bonk On Base (BONK) 0.000008186 2. Choose a Bonk On Base Lender in the UK
Once you have BONK, you'll need to choose a Bonk On Base lending platform to lend your tokens. You can see some options here.
Platform Coin AER Kucoin Bonk On Base (BONK) Up to 0.41% AER 3. Earn Bonk On Base
Once you've selected a platform to earn your Bonk On Base, transfer your Bonk On Base into your wallet on the earning platform. Once it's deposited, it will begin to accrue AER. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn AER
Now all you need to do is sit back while your cryptocurrency earns AER. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements in the UK
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- Market capitalisation
- US$509,994
- 24-hour volume
- US$3,530.95
- Circulating supply
- 100T BONK
