How to Lend Immutable (dara) in the UK

Introduction

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

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

   Platform	Coin	Price
   PrimeXBT	Immutable (dara)	0.24
   YouHodler	Immutable (dara)	0.23
   Binance	Immutable (dara)	0.24
   BTSE	Immutable (dara)	0.24
   Coinbase	Immutable (dara)	0.24
   Kraken	Immutable (dara)	0.23

   View all 64 prices

2. 2. Choose a Immutable Lender in the UK

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

   Platform	Coin	AER
   YouHodler	Immutable (dara)	Up to 30% AER
   Kucoin	Immutable (dara)	Up to 0.5% AER

   View all 4 loan rates

3. 3. Lend Your Immutable

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