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.

   Platform	Mint	Cost
   BingX	Blok Token (BLOK)	0,0000845
   Bitget	Blok Token (BLOK)	0,000451
   Bitmart	Blok Token (BLOK)	0,0002306
   CoinEx	Blok Token (BLOK)	0,00008201
   Kucoin	Blok Token (BLOK)	0,0000823
   MEXC Global	Blok Token (BLOK)	0,00008256

   View all 12 prices

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.

   Platform	Mint	APY
   Kucoin	Blok Token (BLOK)	Up to 0,5% APY

3. 3. Lend Your Blok Token

   Once you've selected a platform to lend your Blok Token, transfer your Blok Token into your wallet on the lending platform. Once it's deposited, it will begin to earn 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. Make sure your lending 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.