Introduction
Lending FLOKI can be an excellent choice for those looking to hold FLOKI 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 FLOKI (FLOKI) Tokens
To lend FLOKI, you first need to possess it. To acquire FLOKI, you'll need to buy it. You can select from these well-known exchanges.
View all 49 pricesPlatform Mint Cost YouHodler FLOKI (FLOKI) 0,000041 Binance FLOKI (FLOKI) 0,00004099 BTSE FLOKI (FLOKI) 0,0000411 Coinbase FLOKI (FLOKI) 0,000041 Kraken FLOKI (FLOKI) 0,00004095 OKX FLOKI (FLOKI) 0,00006549 2. Select a FLOKI Lender
Once you have FLOKI, you'll need to select a FLOKI lending platform to lend your tokens. You can explore some options here.
View all 4 lending APYsPlatform Mint APY YouHodler FLOKI (FLOKI) Up to 16% APY 3. Earn FLOKI
Once you've selected a platform to earn your FLOKI, transfer your FLOKI 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$1,58B
- 24-hour trading volume
- US$262,43M
- Circulating supply
- 9,67T FLOKI
