How to Earn GALA (GALA): A Comprehensive Guide for the UK

Introduction

Lending GALA can be an excellent option for those who wish to hold GALA 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 GALA (GALA) Tokens
To lend GALA, you need to possess it. To obtain GALA, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
PrimeXBT GALA (GALA) 0.01
YouHodler GALA (GALA) 0.01
Binance GALA (GALA) 0.01
BTSE GALA (GALA) 0.01
Coinbase GALA (GALA) 0.04
Kraken GALA (GALA) 0.01
View all 61 prices
2. Choose a GALA Lender in the UK
Once you have GALA, you'll need to choose a GALA lending platform to lend your tokens. You can see some options here.
Platform Coin AER
YouHodler GALA (GALA) Up to 12% AER
Blockchain.com GALA (GALA) Up to 1% AER
View all 6 loan rates
3. Earn GALA
Once you've selected a platform to earn your GALA, transfer your GALA 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.

Platform	Coin	Price
PrimeXBT	GALA (GALA)	0.01
YouHodler	GALA (GALA)	0.01
Binance	GALA (GALA)	0.01
BTSE	GALA (GALA)	0.01
Coinbase	GALA (GALA)	0.04
Kraken	GALA (GALA)	0.01

Platform	Coin	AER
YouHodler	GALA (GALA)	Up to 12% AER
Blockchain.com	GALA (GALA)	Up to 1% AER

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.