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Introduction

Lending Lisk can be an excellent option for those who wish to hold LSK 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 Lisk (LSK) Tokens

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

   Platform	Coin	Price
   Binance	Lisk (LSK)	0.2
   Kraken	Lisk (LSK)	0.19
   OKX	Lisk (LSK)	0.58
   BingX	Lisk (LSK)	0.2
   Bitget	Lisk (LSK)	0.19
   Bitpanda	Lisk (LSK)	1.22

   View all 29 prices

2. 2. Choose a Lisk Lender in the UK

   Once you have LSK, you'll need to choose a Lisk lending platform to lend your tokens. You can see some options here.

   Platform	Coin	AER
   Kucoin	Lisk (LSK)	Up to 0.5% AER

3. 3. Earn Lisk

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