Where and How to Earn Ethereum (ETH)

Introduction

Lending Ethereum can be a great option for those who want to hold ETH 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 Ethereum (ETH) Tokens

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

   Platform	Coin	Price
   Nexo	Ethereum (ETH)	2,603.1
   PrimeXBT	Ethereum (ETH)	2,611.05
   Uphold	Ethereum (ETH)	2,602.88
   EarnPark	Ethereum (ETH)	2,588.86
   YouHodler	Ethereum (ETH)	2,609.52
   Kraken	Ethereum (ETH)	2,611.68

   See all 82 prices

2. 2. Choose a Ethereum Lender

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

   Platform	Coin	Interest rate
   Nexo	Ethereum (ETH)	Up to 8% APY
   YouHodler	Ethereum (ETH)	Up to 12% APY
   EarnPark	Ethereum (ETH)	Up to 50% APY
   Nebeus	Ethereum (ETH)	Up to 4.5% APY
   Aave	Ethereum (ETH)	Up to 0.42% APY

   See all 29 borrowing rates

3. 3. Earn Ethereum

   Once you've chosen a platform for earning your Ethereum, transfer your Ethereum 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.