How to Lend So Much Higher (SMH): A Step-by-Step Guide for the UK

Introduction

Lending So Much Higher can be an excellent option for those who wish to hold SMH 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 So Much Higher (SMH) Tokens
To lend So Much Higher, you need to possess it. To obtain So Much Higher, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
CoinEx So Much Higher (SMH) 0
Kucoin So Much Higher (SMH) 0.01
View all 4 prices
2. Choose a So Much Higher Lender in the UK
Once you have SMH, you'll need to choose a So Much Higher lending platform to lend your tokens. You can see some options here.
Platform Coin AER
Kucoin So Much Higher (SMH) Up to 0.5% AER
3. Lend Your So Much Higher
Once you've chosen a platform to lend your So Much Higher, transfer your So Much Higher 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
CoinEx	So Much Higher (SMH)	0
Kucoin	So Much Higher (SMH)	0.01

Platform	Coin	AER
Kucoin	So Much Higher (SMH)	Up to 0.5% 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.