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Introduction

Lending smolecoin can be an excellent option for those who wish to hold SMOLE 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 smolecoin (SMOLE) Tokens

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

   Platform	Coin	Price
   BingX	smolecoin (SMOLE)	0.00003907
   Bitmart	smolecoin (SMOLE)	0.0000351
   CoinEx	smolecoin (SMOLE)	0.000043
   Gate.io	smolecoin (SMOLE)	0.00002887
   HTX	smolecoin (SMOLE)	0.0000404
   Kucoin	smolecoin (SMOLE)	0.0000391

   View all 14 prices

2. 2. Choose a smolecoin Lender in the UK

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

   Platform	Coin	AER
   Kucoin	smolecoin (SMOLE)	Up to 0.23% AER

3. 3. Earn smolecoin

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