Where and How to Lend Flamingo Finance (FLM)

Introduction

Lending Flamingo Finance can be a great option for those who want to hold FLM 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 Flamingo Finance (FLM) Tokens

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

   Platform	Coin	Price
   Bitpanda	Flamingo Finance (FLM)	0.07
   OKX	Flamingo Finance (FLM)	0.07
   Binance	Flamingo Finance (FLM)	0.08
   MEXC Global	Flamingo Finance (FLM)	0.07
   BingX	Flamingo Finance (FLM)	0.07
   Bitget	Flamingo Finance (FLM)	0.07

   See all 8 prices

2. 2. Choose a Flamingo Finance Lender

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

   Platform	Coin	Interest rate
   OKX	Flamingo Finance (FLM)	Up to 1 APY

3. 3. Lend Your Flamingo Finance

   Once you’ve chosen a platform to lending your Flamingo Finance, transfer your Flamingo Finance 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.