How to Lend BlockGames (BLOCK)

Introduction

Lending BlockGames can be an excellent choice for those looking to hold BLOCK 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 BlockGames (BLOCK) Tokens

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

   E-platform	Coin	Cost
   CoinEx	BlockGames (BLOCK)	0.0005756 APY
   Kucoin	BlockGames (BLOCK)	0.000306 APY
   MEXC Global	BlockGames (BLOCK)	0.01 APY

   See all 6 prices in Uganda

2. 2. Select a BlockGames Lender

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

   E-platform	Coin	APY
   Kucoin	BlockGames (BLOCK)	Up to 0.5% APY

3. 3. Lend Your BlockGames

   Once you've selected a platform to lend your BlockGames, transfer your BlockGames into your wallet on the lending platform. After it's deposited, it will begin to earn APY. Some platforms pay interest 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 higher your potential returns. Ensure that your lending platform offers compounding interest to maximise your earnings.

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.