How to Earn Lisk (LSK): A Comprehensive Guide for Chinese Investors

Introduction

Lending Lisk can be an excellent choice for individuals looking to hold LSK while earning an attractive APY. The process may seem a bit overwhelming, particularly for first-time users. To simplify this experience, we have created this comprehensive guide tailored for you.

Step-by-Step Guide

1. Acquire Lisk (LSK) Tokens
To lend Lisk, you must first possess it. To acquire Lisk, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.
Platform Coin Price
Binance Lisk (LSK) 0.2 APY
Kraken Lisk (LSK) 0.19 APY
OKX Lisk (LSK) 0.58 APY
BingX Lisk (LSK) 0.2 APY
Bitget Lisk (LSK) 0.19 APY
Bitpanda Lisk (LSK) 1.22 APY
View all 29 prices
2. Select a Lisk lending platform
Once you have LSK, you'll need to select a Lisk lending platform to lend your tokens. You can explore several options available in the market here.
Platform Coin APY
Kucoin Lisk (LSK) Up to 0.5% APY
3. Earn Lisk
Once you've selected a platform to earn your Lisk, transfer your Lisk into your wallet on the earning platform. After the deposit is completed, it will begin to accrue interest. Some platforms offer interest payments daily, while others may do so weekly or monthly.
4. Earn APY on Your Assets
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the greater your potential earnings. Be sure to choose a platform that offers compounding interest to maximize your returns.