How to Earn Flare (FLR): A Comprehensive Guide for Indian Investors

Introduction

Lending Flare can be an excellent choice for those looking to hold FLR 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 Flare (FLR) Tokens in India
To lend Flare, you first need to possess it. To acquire Flare, you'll have to buy it. You can select from these popular Indian exchanges.
Platform Coin Cost
YouHodler Flare (FLR) 0.01
Coinbase Flare (FLR) 0.01
Kraken Flare (FLR) 0.01
OKX Flare (FLR) 0.02
Uphold Flare (FLR) 0.02
BingX Flare (FLR) 0.01
See all 42 rates
2. Choose a Flare Lender in India
Once you have FLR, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.
Platform Coin APY
Kucoin Flare (FLR) Up to 0.5% APY
3. Earn Flare in India
Once you've selected a platform to earn your Flare, transfer your Flare 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.

Platform	Coin	Cost
YouHodler	Flare (FLR)	0.01
Coinbase	Flare (FLR)	0.01
Kraken	Flare (FLR)	0.01
OKX	Flare (FLR)	0.02
Uphold	Flare (FLR)	0.02
BingX	Flare (FLR)	0.01

Platform	Coin	APY
Kucoin	Flare (FLR)	Up to 0.5% APY

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.