Introduction
Lending Fasttoken can be an excellent option for those who wish to hold FTN 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 Fasttoken (FTN) Tokens
To lend Fasttoken, you need to possess it. To obtain Fasttoken, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 13 pricesPlatform Coin Price BingX Fasttoken (FTN) 0.42 Bitget Fasttoken (FTN) 4.52 Bitmart Fasttoken (FTN) 1.68 Bybit Fasttoken (FTN) 4.46 Gate.io Fasttoken (FTN) 0.31 MEXC Global Fasttoken (FTN) 0.99 2. Choose a Fasttoken Lender in the UK
Once you have FTN, you'll need to choose a Fasttoken lending platform to lend your tokens. You can see some options here.
Platform Coin AER Bitget Fasttoken (FTN) Up to 1% AER 3. Earn Fasttoken
Once you've selected a platform to earn your Fasttoken, transfer your Fasttoken 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$1.58B
- 24-hour volume
- US$65.93M
- Circulating supply
- 428.28M FTN
