Introduction

Lending Blok Token can be a great option for those who want to hold BLOK 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. 1. Obtain Blok Token (BLOK) Tokens

   In order to lend Blok Token, you need to have it. To obtain Blok Token, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   BingX	Blok Token (BLOK)	0.000216
   Bitget	Blok Token (BLOK)	0.000451
   Bitmart	Blok Token (BLOK)	0.0002306
   CoinEx	Blok Token (BLOK)	0.000217
   Kucoin	Blok Token (BLOK)	0.0002158
   MEXC Global	Blok Token (BLOK)	0.0002173

   See all 12 prices

2. 2. Choose a Blok Token Lender

   Once you have BLOK, you'll need to choose a Blok Token lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Blok Token (BLOK)	Up to 0.5% APY

3. 3. Lend Your Blok Token

   Once you've chosen a platform to lending your Blok Token, transfer your Blok Token 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. 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.

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.