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Introduction

Lending Conflux can be an excellent choice for those looking to hold CFX 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 Conflux (CFX) Tokens

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

   Platform	Mint	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 explore some options here.

   Platform	Mint	APY
   Bitget	Conflux (CFX)	Up to 1% APY
   Kucoin	Conflux (CFX)	Up to 11% APY

3. 3. Earn Conflux

   Once you've selected a platform to earn your Conflux, transfer your Conflux 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.