How to Lend Velocimeter FLOW (FLOW): A Step-by-Step Guide for the UK

Introduction

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

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

Platform	Coin	Price
Coinbase	Velocimeter FLOW (FLOW)	0.1
Kraken	Velocimeter FLOW (FLOW)	0.1
Azbit	Velocimeter FLOW (FLOW)	0.16
Bybit	Velocimeter FLOW (FLOW)	0.1
CoinEx	Velocimeter FLOW (FLOW)	0.09
CoinW	Velocimeter FLOW (FLOW)	0.1

View all 20 prices

2. Choose a Velocimeter FLOW Lender in the UK
Once you have FLOW, you'll need to choose a Velocimeter FLOW lending platform to lend your tokens. You can see some options here.
Platform Coin AER
Kucoin Velocimeter FLOW (FLOW) Up to 0.5% AER
3. Lend Your Velocimeter FLOW
Once you've chosen a platform to lend your Velocimeter FLOW, transfer your Velocimeter FLOW 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	AER
Kucoin	Velocimeter FLOW (FLOW)	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.