Introduction
Lending Bonk can be an excellent choice for those looking to hold BONK 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. Acquire Bonk (BONK) Tokens
To lend Bonk, you first need to possess it. To acquire Bonk, you'll need to buy it. You can select from these well-known exchanges.
View all 41 pricesPlatform Mint Cost YouHodler Bonk (BONK) 0,000008059 Binance Bonk (BONK) 0,00000806 BTSE Bonk (BONK) 0,00000805 OKX Bonk (BONK) 0,00002173 Uphold Bonk (BONK) 0,00001688 Bake Bonk (BONK) 0,00000808 2. Select a Bonk Lender
Once you have BONK, you'll need to select a Bonk lending platform to lend your tokens. You can explore some options here.
Platform Mint APY YouHodler Bonk (BONK) Up to 30% APY 3. Earn Bonk
Once you've selected a platform to earn your Bonk, transfer your Bonk 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. 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.
Latest Movements in the Market
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- Market capitalisation
- US$2,12B
- 24-hour trading volume
- US$211,72M
- Circulating supply
- 76,27T BONK


