Introduction
Lending KOALA AI can be an excellent option for those who wish to hold KOKO 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 KOALA AI (KOKO) Tokens
To lend KOALA AI, you need to possess it. To obtain KOALA AI, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 5 pricesPlatform Coin Price BingX KOALA AI (KOKO) 0 Bitget KOALA AI (KOKO) 0.000003589 Gate.io KOALA AI (KOKO) 0 2. Choose a KOALA AI Lender in the UK
Once you have KOKO, you'll need to choose a KOALA AI lending platform to lend your tokens. You can see some options here.
Platform Coin AER Bitget KOALA AI (KOKO) Up to 1% AER 3. Lend Your KOALA AI
Once you've chosen a platform to lend your KOALA AI, transfer your KOALA AI 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.
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.
Latest Movements in the UK
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- Market capitalisation
- US$10.95M
- 24-hour volume
- US$204,095
- Circulating supply
- 9.43T KOKO
