missing en-au translation: how-to.verb.earn.hero.heading

Introduction

Lending Chiliz can be a great option for those who want to hold CHZ 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. 1. Obtain Chiliz (CHZ) tokens

   To lend Chiliz, you need to possess it. To acquire Chiliz, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Cost
   Nexo	Chiliz (CHZ)	0.05
   PrimeXBT	Chiliz (CHZ)	0.05
   Binance	Chiliz (CHZ)	0.05
   BTSE	Chiliz (CHZ)	0.05
   Coinbase	Chiliz (CHZ)	0.05
   Kraken	Chiliz (CHZ)	0.05

   See all 68 prices

2. 2. Choose a Chiliz lender

   Once you have CHZ, you'll need to choose a Chiliz lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Blockchain.com	Chiliz (CHZ)	Up to 1% p.a.

   See all 6 lending rates

3. 3. Earn Chiliz

   Once you've chosen a platform to earn your Chiliz, transfer your Chiliz into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so 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. Ensure your earning platform pays compounding interest to maximise your returns.

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 prepared to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.