Where and How to Lend Velocimeter FLOW (FLOW)

Introduction

Lending Velocimeter 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. 1. Obtain Velocimeter FLOW (FLOW) Tokens

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

   Platform	Coin	Price
   Uphold	Velocimeter FLOW (FLOW)	0.72
   Kraken	Velocimeter FLOW (FLOW)	0.92
   Coinbase	Velocimeter FLOW (FLOW)	0.94
   MEXC Global	Velocimeter FLOW (FLOW)	0.94
   Kucoin	Velocimeter FLOW (FLOW)	0.94
   Bybit	Velocimeter FLOW (FLOW)	0.72

   See all 11 prices

2. 2. Choose a Velocimeter FLOW Lender

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

   Platform	Coin	Interest rate
   Kucoin	Velocimeter FLOW (FLOW)	Up to 0.5 APY

3. 3. Lend Your Velocimeter FLOW

   Once you’ve chosen a platform to lending your Velocimeter FLOW, transfer your Velocimeter 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. 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.