Where and How to Lend LooksRare (LOOKS)

Introduction

Lending LooksRare can be a great option for those who wish to hold LOOKS 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 LooksRare (LOOKS) Tokens

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

   Platform	Coin	Price
   Bitpanda	LooksRare (LOOKS)	0.05
   OKX	LooksRare (LOOKS)	0.05
   Bitmart	LooksRare (LOOKS)	0.05
   MEXC Global	LooksRare (LOOKS)	0.05
   BingX	LooksRare (LOOKS)	0.05
   Bitget	LooksRare (LOOKS)	0.05

   See all 10 prices

2. 2. Select a LooksRare Lender

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

   Platform	Coin	Interest rate
   Kucoin	LooksRare (LOOKS)	Up to 0.43 APY
   OKX	LooksRare (LOOKS)	Up to 1.00 APY

3. 3. Lend Your LooksRare

   After you have selected a platform for lending your LooksRare, transfer your LooksRare 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.