Earn up to
12% p.a.
A comprehensive guide on how to lend Bancor Network (BNT)
We have a wealth of data on lending Bancor Network (BNT) and we're happy to share some of this with you.
We present some lending options with other coins that may be of interest.
Bancor Network (BNT) is currently priced at USD 12 with a 24-hour trading volume of USD 1.78M. The market cap of Bancor Network stands at USD 76.66M, with 119.15M BNT in circulation. For those looking to buy or trade Bancor Network, YouHodler offers avenues to do so securely and efficiently
Lending Bancor Network can be a great option for those who want to hold BNT 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.
To lend Bancor Network, you need to possess it. To acquire Bancor Network, you'll need to buy it. You can select from these popular exchanges.
Once you have BNT, you'll need to choose a Bancor Network lending platform to lend your tokens. You can find some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| YouHodler | Bancor Network (BNT) | Up to 12% p.a. |
| Gemini | Bancor Network (BNT) | Up to 0.01% p.a. |
Once you've chosen a platform to lend your Bancor Network, transfer your Bancor Network into your wallet on the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
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 lending platform pays compounding interest to maximise your returns.
Lending your crypto can be risky. Ensure 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.
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