Recent Developments
- Market capitalization
- $1.03B
- 24-hour trading volume
- $62.74M
- Circulating supply
- 70.53M NEO
NEO
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
LINK
SOL
STETH
TRX
USDCImportant Notice
Lending NEO can be an excellent choice for those looking to hold NEO while generating returns. The process may seem overwhelming, particularly for first-time users. That’s why we’ve created this guide specifically for you.
To lend NEO, you must first acquire it. To obtain NEO, you will need to purchase it. You can select from these well-known exchanges available in the UAE.
Once you have NEO, you'll need to select a NEO lending platform to lend your tokens. You can explore some options available in the UAE market here.
Once you've selected a platform to earn your NEO, transfer your NEO into your wallet on the earning platform. Once it's deposited, it will begin to accrue APY. Some platforms offer daily interest payments, while others may pay out weekly or monthly.
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the greater your potential earnings. Ensure that your earning platform offers compounding interest to maximize your returns.
Lending your cryptocurrency can carry certain risks. It’s essential to conduct thorough research before depositing your cryptocurrency. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
