Latest Movements in Uganda's Financial Landscape
- Market capitalization
- US$1.12B
- 24-hour trading volume
- US$102.13M
- Available supply
- 1.56B FLOW
FLOW
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
LINK
SOL
STETH
TRX
USDCImportant Notice
Lending Flow can be an excellent choice for those looking to hold FLOW 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.
To lend Flow, you first need to possess it. To acquire Flow, you will have to buy it. You can select from these popular exchanges available in Uganda.
| E-platform | Coin | Cost |
|---|---|---|
| PrimeXBT | Flow (FLOW) | 0.12 APY |
| Uphold | Flow (FLOW) | 0.38 APY |
| Bake | Flow (FLOW) | 0.11 APY |
| BingX | Flow (FLOW) | 0.11 APY |
| Bitget | Flow (FLOW) | 0.13 APY |
| Bitmart | Flow (FLOW) | 0.11 APY |
Once you have FLOW, you'll need to select a Flow lending platform to lend your tokens. You can explore some options here.
Once you've selected a platform to lend your Flow, transfer your Flow 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.
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.
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.
