Where and How to Earn Fantom (FTM) in the UK

Introduction

Lending Fantom can be an excellent option for those who wish to hold FTM 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. 1. Obtain Fantom (FTM) Tokens

   To lend Fantom, you need to possess it. To obtain Fantom, you'll need to purchase it. You can choose from these popular exchanges in the UK.

   Platform	Coin	Price
   Nexo	Fantom (FTM)	0.47
   PrimeXBT	Fantom (FTM)	0.68
   YouHodler	Fantom (FTM)	0.7
   Binance	Fantom (FTM)	0.7
   BTSE	Fantom (FTM)	0.64
   Coinbase	Fantom (FTM)	1

   View all 43 prices

2. 2. Choose a Fantom Lender in the UK

   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	AER
   Nexo	Fantom (FTM)	Up to 7% AER
   Nebeus	Fantom (FTM)	Up to 13% AER
   YouHodler	Fantom (FTM)	Up to 30% AER

   View all 6 loan rates

3. 3. Earn Fantom

   Once you've selected a platform to earn your Fantom, transfer your Fantom 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. 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.