Introduction

Lending Blok Token can be an excellent choice for those looking to hold BLOK while earning a return. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

  1. 1. Acquire Blok Token (BLOK) Tokens

    To lend Blok Token, you first need to possess it. To acquire Blok Token, you'll need to buy it. You can select from these well-known exchanges.

  2. 2. Select a Blok Token Lender

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

    PlatformMintAPY
    KucoinBlok Token (BLOK)Up to 0,5% APY
  3. 3. Earn Blok Token

    Once you've selected a platform to earn your Blok Token, transfer your Blok Token into your wallet on the earning platform. Once it's deposited, it will start earning APY. Some platforms pay interest daily, while others do so weekly or monthly.

  4. 4. Earn Interest in South Africa

    Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more interest you can earn. Try to ensure your earning platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.

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Important Notice

Important Notice