How to Lend Fantom (FTM): A Step-by-Step Guide

Introduction

Lending Fantom can be a great option for those who want to hold FTM 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 Fantom (FTM) Tokens
In order to lend Fantom, you need to have it. To obtain Fantom, you’ll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Nexo Fantom (FTM) 0.68
PrimeXBT Fantom (FTM) 0.68
Uphold Fantom (FTM) 0.68
Kraken Fantom (FTM) 0.68
OKX Fantom (FTM) 0.68
YouHodler Fantom (FTM) 0.68
See all 35 prices
2. Choose a Fantom Lender
Once you have FTM, you’ll need to choose a Fantom lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate
Nexo Fantom (FTM) Up to 7 APY
YouHodler Fantom (FTM) Up to 30 APY
Nebeus Fantom (FTM) Up to 13 APY
See all 5 lending rates
3. Lend Your Fantom
Once you’ve chosen a platform to lending your Fantom, transfer your Fantom 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	Price
Nexo	Fantom (FTM)	0.68
PrimeXBT	Fantom (FTM)	0.68
Uphold	Fantom (FTM)	0.68
Kraken	Fantom (FTM)	0.68
OKX	Fantom (FTM)	0.68
YouHodler	Fantom (FTM)	0.68

Platform	Coin	Interest rate
Nexo	Fantom (FTM)	Up to 7 APY
YouHodler	Fantom (FTM)	Up to 30 APY
Nebeus	Fantom (FTM)	Up to 13 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.

Latest Movements

Fantom (FTM) is currently priced at $13 with a 24-hour trading volume of $319.62M. The market cap of Fantom stands at $1.9B, with $2.8B FTM in circulation. For those looking to buy or trade Fantom, Nexo offers avenues to do so securely and efficiently}

Market cap: $1.9B
24h volume: $319.62M
Circulating supply: $2.8B

See latest information

Frequently Asked Questions About Lending Fantom (FTM)

What are the current lending rates for Fantom (FTM)?: Fantom (FTM) lending rates fluctuate constantly. To stay informed on the latest rates, check Bitcompare's real-time price comparisons. Regularly reviewing these tools helps you stay ahead of changes in the dynamic crypto market.
How often do Fantom lending rates change?: Lending rates for Fantom (FTM) can change frequently due to market conditions. Use Bitcompare's email alerts to stay updated and check rates regularly for the latest information, ensuring you are making well-informed decisions.
Can Bitcompare help me find the best Fantom lending rates?: Yes, Bitcompare provides trusted comparisons of Fantom lending rates across reputable exchanges. Stay informed with their real-time analysis and make sure to bookmark the page for the latest updates.
Is there a tool to analyze Fantom sentiment?: Bitcompare offers sentiment analysis tools that help gauge market sentiment around Fantom (FTM). Regularly check these insights to understand potential market movements and stay ahead of trends.
Where can I find the latest news on Fantom?: For the latest news and events related to Fantom (FTM), Bitcompare is a trustworthy resource. Check their page regularly for up-to-date news which can impact lending rates and market decisions.
How can I receive alerts on Fantom lending rates?: Sign up for email alerts through Bitcompare to receive timely updates on Fantom (FTM) lending rates. These alerts help you stay informed without continuously checking rates manually.
Can I bookmark Bitcompare for easy access?: Yes, bookmarking Bitcompare ensures you can easily access up-to-date Fantom (FTM) data, including lending rates, news, and analysis, enabling you to make timely and informed decisions in the crypto market.