How to Lend FLOKI (FLOKI)

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. 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.

   Platform	Mint	Cost
   YouHodler	FLOKI (FLOKI)	0,00004092
   Binance	FLOKI (FLOKI)	0,00004093
   BTSE	FLOKI (FLOKI)	0,0000409
   Coinbase	FLOKI (FLOKI)	0,0000409
   Kraken	FLOKI (FLOKI)	0,00004095
   OKX	FLOKI (FLOKI)	0,00006549

   View all 49 prices

2. 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.

   Platform	Mint	APY
   YouHodler	FLOKI (FLOKI)	Up to 16% APY

   View all 4 lending APYs

3. 3. Lend Your FLOKI

   Once you've selected a platform to lend your FLOKI, transfer your FLOKI 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.