Where and How to Lend Bonk (BONK)

Introduction

Lending Bonk can be a great option for those who wish to hold BONK but earn interest. The steps can be a bit intimidating, especially the first time you attempt them. That's why we have compiled this guide for you.

Step-by-Step Guide

1. 1. Acquire Bonk (BONK) Tokens

   To lend Bonk, you need to have it. To obtain Bonk, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	Bonk (BONK)	0.0000554
   Uphold	Bonk (BONK)	0.00005548
   Kraken	Bonk (BONK)	0.00002701
   OKX	Bonk (BONK)	0.00005589
   YouHodler	Bonk (BONK)	0.00005574
   Binance	Bonk (BONK)	0.0000554

   See all 21 prices

2. 2. Select a Bonk Lender

   Once you have BONK, you’ll need to choose a Bonk lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   YouHodler	Bonk (BONK)	Up to 30 APY
   OKX	Bonk (BONK)	Up to 1 APY

3. 3. Lend Your Bonk

   After you have selected a platform for lending your Bonk, transfer your Bonk into your wallet on the lending platform. Once it is deposited, it will begin earning interest. Some platforms pay interest on a daily basis, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you have to do is relax while your crypto earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure that you do your research before depositing your crypto. Don’t lend more than you’re prepared to lose. Verify their lending practices, reviews, and how they secure your cryptocurrency.