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Introduction

Lending Enjin Coin can be a great option for those who want to hold ENJ 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 Enjin Coin (ENJ) tokens

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

   Platform	Coin	Cost
   Binance	Enjin Coin (ENJ)	0.03
   BTSE	Enjin Coin (ENJ)	0.03
   Coinbase	Enjin Coin (ENJ)	0.29
   Kraken	Enjin Coin (ENJ)	0.03
   OKX	Enjin Coin (ENJ)	0.1
   Bake	Enjin Coin (ENJ)	0.03

   See all 50 prices

2. 2. Choose a Enjin Coin lender

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

   Platform	Coin	Interest rate
   Kucoin	Enjin Coin (ENJ)	Up to 4% p.a.

3. 3. Earn Enjin Coin

   Once you've chosen a platform to earn your Enjin Coin, transfer your Enjin Coin 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.