Introduction

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

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

   Platform	Coin	Price
   Kraken	JOE (JOE)	0.06
   Uphold	JOE (JOE)	0.17
   BingX	JOE (JOE)	0.06
   Bitget	JOE (JOE)	0.06
   Bitmart	JOE (JOE)	0.06
   Bitpanda	JOE (JOE)	0.55

   View all 17 prices

2. 2. Choose a JOE Lender in the UK

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

3. 3. Lend Your JOE

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