Introduction
Lending Pulsechain FLOW can be a great option for those who want to hold FLOW 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 Pulsechain FLOW (FLOW) Tokens
In order to lend Pulsechain FLOW, you need to have it. To obtain Pulsechain FLOW, you’ll need to purchase it. You can choose from these popular exchanges.
2. Choose a Pulsechain FLOW Lender
Once you have FLOW, you’ll need to choose a Pulsechain FLOW lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate YouHodler Pulsechain FLOW (FLOW) Up to 30.00 APY 3. Lend Your Pulsechain FLOW
Once you’ve chosen a platform to lending your Pulsechain FLOW, transfer your Pulsechain FLOW 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
Pulsechain FLOW (FLOW) is currently priced at $30.00. For those looking to buy or trade Pulsechain FLOW, YouHodler offers avenues to do so securely and efficiently}
