How to Lend FLOKI (FLOKI) in the UK

Introduction

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

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

   Platform	Coin	Price
   YouHodler	FLOKI (FLOKI)	0.00003986
   Binance	FLOKI (FLOKI)	0.00003989
   BTSE	FLOKI (FLOKI)	0.00003988
   Coinbase	FLOKI (FLOKI)	0.0000399
   Kraken	FLOKI (FLOKI)	0.00003988
   OKX	FLOKI (FLOKI)	0.00006549

   View all 49 prices

2. 2. Choose a FLOKI Lender in the UK

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

   Platform	Coin	AER
   YouHodler	FLOKI (FLOKI)	Up to 16% AER

   View all 4 loan rates

3. 3. Lend Your FLOKI

   Once you've chosen a platform to lend your FLOKI, transfer your FLOKI 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. 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.

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.