How to Lend Celo Euro (CEUR) in Australia: A Step-by-Step Guide

Introduction

Lending Celo Euro can be a great option for those who want to hold CEUR 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. Obtain Celo Euro (CEUR) Tokens
To lend Celo Euro, you need to possess it. To acquire Celo Euro, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Blockchain.com Celo Euro (CEUR) 0.5
Gate.io Celo Euro (CEUR) 1.16
See all 4 prices
2. Choose a Celo Euro lender
Once you have CEUR, you'll need to choose a Celo Euro lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Blockchain.com Celo Euro (CEUR) Up to 2% p.a.
3. Lend Your Celo Euro
Once you've chosen a platform to lend your Celo Euro, transfer your Celo Euro 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.
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 lending platform pays compounding interest to maximise your returns.

Platform	Coin	Cost
Blockchain.com	Celo Euro (CEUR)	0.5
Gate.io	Celo Euro (CEUR)	1.16

Platform	Coin	Interest rate
Blockchain.com	Celo Euro (CEUR)	Up to 2% p.a.

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 willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.