How to Lend TON Community (TON) in Australia: A Step-by-Step Guide

Introduction

Lending TON Community can be a great option for those who want to hold TON while earning yield. The steps may seem a bit 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 TON Community (TON) Tokens
To lend TON Community, you need to possess it. To acquire TON Community, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Azbit TON Community (TON) 1.64
Kucoin TON Community (TON) 1.64
See all 4 prices
2. Choose a TON Community lender
Once you have TON, you'll need to choose a TON Community lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Kucoin TON Community (TON) Up to 15% p.a.
3. Lend Your TON Community
Once you've chosen a platform to lend your TON Community, transfer your TON Community into your wallet on the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so 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. Ensure your lending platform pays compounding interest to maximise your returns.

Platform	Coin	Cost
Azbit	TON Community (TON)	1.64
Kucoin	TON Community (TON)	1.64

Platform	Coin	Interest rate
Kucoin	TON Community (TON)	Up to 15% p.a.

What to Be Aware Of

Lending your crypto can be risky. Ensure 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.