Where and How to Lend Puffer Finance (puffer)

Introduction

Lending Puffer Finance can be a great option for those who want to hold puffer 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 Puffer Finance (puffer) Tokens

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

   Platform	Coin	Price
   Kraken	Puffer Finance (puffer)	0.30
   BTSE	Puffer Finance (puffer)	0.31
   BingX	Puffer Finance (puffer)	0.30
   Bitmart	Puffer Finance (puffer)	0.32
   MEXC Global	Puffer Finance (puffer)	0.30
   Bitget	Puffer Finance (puffer)	0.32

   See all 10 prices

2. 2. Choose a Puffer Finance Lender

   Once you have puffer, you’ll need to choose a Puffer Finance lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Puffer Finance (puffer)	Up to 0.06 APY

3. 3. Lend Your Puffer Finance

   Once you’ve chosen a platform to lending your Puffer Finance, transfer your Puffer Finance 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.