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

Introduction

Lending Velocimeter FLOW can be a great option for those who want to hold FLOW but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. Obtain Velocimeter FLOW (FLOW) Tokens

In order to lend Velocimeter FLOW, you need to have it. To obtain Velocimeter FLOW, you’ll need to purchase it. You can choose from these popular exchanges.

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

See all 20 prices

2. Choose a Velocimeter FLOW Lender
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 Interest rate
Kucoin Velocimeter FLOW (FLOW) Up to 0.5% APY
3. Lend Your Velocimeter FLOW
Once you’ve chosen a platform to lending your Velocimeter FLOW, transfer your Velocimeter FLOW into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

Platform	Coin	Interest rate
Kucoin	Velocimeter FLOW (FLOW)	Up to 0.5% APY

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.