Introduction
Lending FLOKI can be an excellent option for those who wish to hold FLOKI 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 FLOKI (FLOKI) Tokens
To lend FLOKI, you need to possess it. To obtain FLOKI, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 49 pricesPlatform Coin Price YouHodler FLOKI (FLOKI) 0.000041 Binance FLOKI (FLOKI) 0.00004099 BTSE FLOKI (FLOKI) 0.0000411 Coinbase FLOKI (FLOKI) 0.000041 Kraken FLOKI (FLOKI) 0.00004095 OKX FLOKI (FLOKI) 0.00006549 2. Choose a FLOKI Lender in the UK
Once you have FLOKI, you'll need to choose a FLOKI lending platform to lend your tokens. You can see some options here.
View all 4 loan ratesPlatform Coin AER YouHodler FLOKI (FLOKI) Up to 16% AER 3. Earn FLOKI
Once you've selected a platform to earn your FLOKI, transfer your FLOKI 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$262.43M
- Circulating supply
- 9.67T FLOKI
