Where and How to Earn Nervos Network (CKB) in Australia

Introduction

Lending Nervos Network can be a great option for those who want to hold CKB 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 Nervos Network (CKB) tokens

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

   Platform	Coin	Cost
   PrimeXBT	Nervos Network (CKB)	0.01
   Binance	Nervos Network (CKB)	0.01
   BingX	Nervos Network (CKB)	0.01
   Bitget	Nervos Network (CKB)	0.01
   Bitmart	Nervos Network (CKB)	0.01
   Bitpanda	Nervos Network (CKB)	0.02

   See all 34 prices

2. 2. Choose a Nervos Network lender

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

   Platform	Coin	Interest rate
   Bitget	Nervos Network (CKB)	Up to 0.6% p.a.
   Kucoin	Nervos Network (CKB)	Up to 0.5% p.a.

3. 3. Earn Nervos Network

   Once you've chosen a platform to earn your Nervos Network, transfer your Nervos Network 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.