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Introduction

Lending Rally can be a great option for those who want to hold RLY 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 Rally (RLY) tokens

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

   Platform	Coin	Cost
   Coinbase	Rally (RLY)	0
   BingX	Rally (RLY)	0
   Bitfinex	Rally (RLY)	0
   Bitstamp	Rally (RLY)	0
   Gate.io	Rally (RLY)	0.0002198

   See all 11 prices

2. 2. Choose a Rally lender

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

   Platform	Coin	Interest rate
   Gemini	Rally (RLY)	Up to 0.01% p.a.

3. 3. Earn Rally

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