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Introduction

Lending Parcl can be an excellent option for those who wish to hold PRCL 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 Parcl (PRCL) Tokens

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

   Platform	Coin	Price
   Coinbase	Parcl (PRCL)	0.03
   Kraken	Parcl (PRCL)	0.03
   OKX	Parcl (PRCL)	0.03
   BingX	Parcl (PRCL)	0.03
   Bitget	Parcl (PRCL)	0.03
   Bitmart	Parcl (PRCL)	0.09

   View all 33 prices

2. 2. Choose a Parcl Lender in the UK

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

   Platform	Coin	AER
   Kucoin	Parcl (PRCL)	Up to 0.5% AER

3. 3. Earn Parcl

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