Where and How to Earn Reserve Rights (RSR) in Australia

Introduction

Lending Reserve Rights can be a great option for those who want to hold RSR 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 Reserve Rights (RSR) tokens

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

   Platform	Coin	Cost
   Binance	Reserve Rights (RSR)	0.01
   BTSE	Reserve Rights (RSR)	0.01
   Coinbase	Reserve Rights (RSR)	0.01
   Kraken	Reserve Rights (RSR)	0.01
   OKX	Reserve Rights (RSR)	0.01
   Uphold	Reserve Rights (RSR)	0.01

   See all 48 prices

2. 2. Choose a Reserve Rights lender

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

   Platform	Coin	Interest rate
   Kucoin	Reserve Rights (RSR)	Up to 0.5% p.a.

3. 3. Earn Reserve Rights

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