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Introduction

Lending Waves can be an excellent option for those who wish to hold WAVES 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 Waves (WAVES) Tokens

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

   Platform	Coin	Price
   Binance	Waves (WAVES)	1.08
   Azbit	Waves (WAVES)	0.69
   BingX	Waves (WAVES)	0.69
   Bitfinex	Waves (WAVES)	2.33
   Bitget	Waves (WAVES)	0.69
   Bitmart	Waves (WAVES)	0.69

   View all 28 prices

2. 2. Choose a Waves Lender in the UK

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

   Platform	Coin	AER
   Kucoin	Waves (WAVES)	Up to 2.8% AER

3. 3. Earn Waves

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