Where and How to Earn Bancor Network (BNT)

Introduction

Lending Bancor Network can be a great option for those who want to hold BNT but earn yield. The steps can be 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. 1. Acquire Bancor Network (BNT) Tokens

   To lend Bancor Network, you'll need to have it. To get Bancor Network, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   YouHodler	Bancor Network (BNT)	0.6
   Kraken	Bancor Network (BNT)	0.6
   OKX	Bancor Network (BNT)	0.39
   Binance	Bancor Network (BNT)	0.6
   BTSE	Bancor Network (BNT)	0.6
   Coinbase	Bancor Network (BNT)	0.6

   See all 52 prices

2. 2. Choose a Bancor Network Lender

   Once you have BNT, you'll need to choose a Bancor Network lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   YouHodler	Bancor Network (BNT)	Up to 12% APY

   See all 4 borrowing rates

3. 3. Earn Bancor Network

   Once you've chosen a platform for earning your Bancor Network, transfer your Bancor Network into your wallet on the earning platform. Once it's deposited, it'll start earning interest. Some platforms pay interest daily, while others offer it 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 earning 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.