How to Lend APE (ape): A Step-by-Step Guide for the UK

Introduction

Lending APE can be an excellent option for those who wish to hold ape 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 APE (ape) Tokens
To lend APE, you need to possess it. To obtain APE, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
YouHodler APE (ape) 0.21
Binance APE (ape) 0.21
BTSE APE (ape) 0.21
Coinbase APE (ape) 0.21
OKX APE (ape) 0.6
Crypto.com APE (ape) 0.21
View all 26 prices
2. Choose a APE Lender in the UK
Once you have ape, you'll need to choose a APE lending platform to lend your tokens. You can see some options here.
Platform Coin AER
YouHodler APE (ape) Up to 12% AER
SwissBorg APE (ape) Up to 3.41% AER
View all 5 loan rates
3. Lend Your APE
Once you've chosen a platform to lend your APE, transfer your APE into your wallet on the lending platform. Once it's deposited, it will start earning 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 interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compounding interest to maximise your returns.

Platform	Coin	Price
YouHodler	APE (ape)	0.21
Binance	APE (ape)	0.21
BTSE	APE (ape)	0.21
Coinbase	APE (ape)	0.21
OKX	APE (ape)	0.6
Crypto.com	APE (ape)	0.21

Platform	Coin	AER
YouHodler	APE (ape)	Up to 12% AER
SwissBorg	APE (ape)	Up to 3.41% 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.