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Introduction

Lending Conflux is an excellent choice for those looking to hold CFX while earning yield. The process may seem intimidating, especially for first-timers. That's why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire Conflux (CFX) Tokens

   To lend Conflux, you must first possess it. To acquire Conflux, you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   PrimeXBT	Conflux (CFX)	0.07
   Binance	Conflux (CFX)	0.07
   OKX	Conflux (CFX)	0.09
   BingX	Conflux (CFX)	0.07
   Bitget	Conflux (CFX)	0.07
   Bitmart	Conflux (CFX)	0.07

   View all 37 prices

2. 2. Select a Conflux Lender

   Once you have CFX, you'll need to select a Conflux lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Bitget	Conflux (CFX)	Earn up to 1% APY
   Kucoin	Conflux (CFX)	Earn up to 11% APY

3. 3. Earn Conflux

   After selecting a platform to earn your Conflux, transfer your Conflux to your wallet on that platform. Once deposited, it will begin accruing interest. Some platforms offer daily interest payments, while others may pay weekly or monthly.

4. 4. Accumulate Interest

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximize your returns.

Key Considerations

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before making any deposits. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the security measures they have in place for your assets.