Introduction
Lending FLOKI can be a great option for those who want to hold FLOKI 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. Obtain FLOKI (FLOKI) Tokens
In order to lend FLOKI, you need to have it. To obtain FLOKI, you’ll need to purchase it. You can choose from these popular exchanges.
See all 25 pricesPlatform Coin Price M2 FLOKI (FLOKI) 0.000172 Uphold FLOKI (FLOKI) 0.0001721 Kraken FLOKI (FLOKI) 0.000172 OKX FLOKI (FLOKI) 0.000172 YouHodler FLOKI (FLOKI) 0.0001719 Binance FLOKI (FLOKI) 0.000172 2. Choose a FLOKI Lender
Once you have FLOKI, you’ll need to choose a FLOKI lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate YouHodler FLOKI (FLOKI) Up to 16 APY 3. Lend Your FLOKI
Once you’ve chosen a platform to lending your FLOKI, transfer your FLOKI 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. 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.
Latest Movements
FLOKI (FLOKI) is currently priced at $16 with a 24-hour trading volume of $331.04M. The market cap of FLOKI stands at $1.66B, with $9.67T FLOKI in circulation. For those looking to buy or trade FLOKI, YouHodler offers avenues to do so securely and efficiently}
- Market cap
- $1.66B
- 24h volume
- $331.04M
- Circulating supply
- $9.67T