Where and How to Lend Flux (flux)

Introduction

Lending Flux can be a great option for those who want to hold flux but earn yield. The steps can be a bit daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-step guide

1. 1. Obtain Flux (flux) Tokens

   To lend Flux, you need to have it. To get Flux, you’ll need to buy it. You can pick from these popular exchanges.

   Platform	Coin	Price
   Uphold	Flux (flux)	0,24
   Binance	Flux (flux)	0,2
   MEXC Global	Flux (flux)	0,55
   Bitget	Flux (flux)	0,2
   Bitmart	Flux (flux)	0,2
   Kucoin	Flux (flux)	0,2

   See all 32 prices

2. 2. Choose a Flux Lender

   Once you have flux, you’ll need to choose a Flux lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Flux (flux)	Up to 0,5% APY

3. 3. Lend Your Flux

   Once you’ve chosen a platform to lend your Flux, transfer your Flux into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay weekly, or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compound interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.