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Introduction

Lending Fasttoken can be an excellent choice for those looking to hold FTN while earning some returns. The process might seem a bit overwhelming, particularly if you're doing it for the first time. That's why we've created this guide to help you navigate through it smoothly.

Step-by-Step Guide for Ugandan Investors

1. 1. Acquire Fasttoken (FTN) Tokens

   To lend Fasttoken, you first need to possess it. To acquire Fasttoken, you will have to buy it. You can select from these popular exchanges available in Uganda.

   E-platform	Coin	Cost
   BingX	Fasttoken (FTN)	0.42 APY
   Bitget	Fasttoken (FTN)	4.52 APY
   Bitmart	Fasttoken (FTN)	1.68 APY
   Bybit	Fasttoken (FTN)	4.46 APY
   Gate.io	Fasttoken (FTN)	0.31 APY
   MEXC Global	Fasttoken (FTN)	0.99 APY

   See all 13 prices in Uganda

2. 2. Select a Fasttoken Lender

   Once you have FTN, you'll need to select a Fasttoken lending platform to lend your tokens. You can explore some options here.

   E-platform	Coin	APY
   Bitget	Fasttoken (FTN)	Up to 1% APY

3. 3. Earn Fasttoken in Uganda's vibrant financial landscape

   Once you've selected a platform to earn your Fasttoken, transfer your Fasttoken into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay APY daily, while others do so weekly or monthly.

4. 4. Grow Your Savings

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Ensure that your earning platform offers compounding APY to maximise your returns.

What to Keep in Mind

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.