Introduction
Lending Bonk On Base can be an excellent choice for those looking to hold BONK while earning returns. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this comprehensive guide tailored for you.
Step-by-Step Guide for Indian Investors
1. Acquire Bonk On Base (BONK) Tokens in India
To lend Bonk On Base, you first need to possess it. To acquire Bonk On Base, you'll have to buy it. You can select from these popular Indian exchanges.
See all 6 ratesPlatform Coin Cost Kraken Bonk On Base (BONK) 0.00001224 Azbit Bonk On Base (BONK) 0.00001226 Kucoin Bonk On Base (BONK) 0.00001221 2. Choose a Bonk On Base Lender in India
Once you have BONK, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.
Platform Coin APY Kucoin Bonk On Base (BONK) Up to 2.64% APY 3. Earn Bonk On Base in India
Once you've selected a platform to earn your Bonk On Base, transfer your Bonk On Base into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in India
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential earnings. Ensure that your chosen platform offers compounding interest to maximise your returns in the Indian market.
What to Keep in Mind
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto assets. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Trends in India
Bonk On Base (BONK) is currently priced at $2.64 with a 24-hour trading volume of $3,530.95. The market cap of Bonk On Base stands at $5,09,994, with 100LCr BONK in circulation. For those looking to buy or trade Bonk On Base, Kucoin offers avenues to do so securely and efficiently
- Market capitalization
- $5,09,994
- 24-hour trading volume
- $3,530.95
- Circulating supply in the market
- 100LCr BONK
