Where & How to Lend Fetch (FET)

Introduction

Lending Fetch can be a great option for those who want to hold FET but earn yield. The steps can be a little 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 Fetch (FET) Tokens

   In order to lend Fetch, you need to have it. To obtain Fetch, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	Fetch (FET)	$1.35
   Uphold	Fetch (FET)	$1.36
   Kraken	Fetch (FET)	$1.34
   OKX	Fetch (FET)	$1.33
   Binance	Fetch (FET)	$1.33
   Coinbase	Fetch (FET)	$1.33

   See all 17 prices

2. 2. Choose a Fetch Lender

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

   Platform	Coin	Interest rate
   Kucoin	Fetch (FET)	Up to 0.038% APY
   OKX	Fetch (FET)	Up to 1% APY

   See all 4 lending rates

3. 3. Lend Your Fetch

   Once you’ve chosen a platform to lending your Fetch, transfer your Fetch into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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 compounding 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.