Introduction

Lending FTX can be a great option for those who want to hold FTT 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 FTX (FTT) Tokens

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

   Platform	Coin	Price
   YouHodler	FTX (FTT)	0.82
   MEXC Global	FTX (FTT)	0.82
   Bitmart	FTX (FTT)	0.82
   Bitget	FTX (FTT)	0.82
   BingX	FTX (FTT)	0.82
   Bitpanda	FTX (FTT)	2.25

   See all 12 prices

2. 2. Choose a FTX Lender

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

3. 3. Lend Your FTX

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