Introduction

Lending Finblox can be an excellent choice for those looking to hold FBX 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 Finblox (FBX) Tokens

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

   E-platform	Coin	Cost
   Azbit	Finblox (FBX)	0.00001993 APY
   Gate.io	Finblox (FBX)	0.00001181 APY
   MEXC Global	Finblox (FBX)	0.0000166 APY
   Probit	Finblox (FBX)	0.0000115 APY

   See all 10 prices in Uganda

2. 2. Select a Finblox Lender

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

3. 3. Lend Your Finblox

   Once you've selected a platform to lend your Finblox, transfer your Finblox 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.