How to Lend Chiliz (CHZ) in Australia: A Step-by-Step Guide

Introduction

Lending Chiliz can be a great option for those who want to hold CHZ 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 Chiliz (CHZ) Tokens
To lend Chiliz, you need to possess it. To acquire Chiliz, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Nexo Chiliz (CHZ) 0.05
PrimeXBT Chiliz (CHZ) 0.05
Binance Chiliz (CHZ) 0.05
BTSE Chiliz (CHZ) 0.05
Coinbase Chiliz (CHZ) 0.05
Kraken Chiliz (CHZ) 0.05
See all 68 prices
2. Choose a Chiliz lender
Once you have CHZ, you'll need to choose a Chiliz lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Blockchain.com Chiliz (CHZ) Up to 1% p.a.
See all 6 lending rates
3. Lend Your Chiliz
Once you've chosen a platform to lend your Chiliz, transfer your Chiliz 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
Nexo	Chiliz (CHZ)	0.05
PrimeXBT	Chiliz (CHZ)	0.05
Binance	Chiliz (CHZ)	0.05
BTSE	Chiliz (CHZ)	0.05
Coinbase	Chiliz (CHZ)	0.05
Kraken	Chiliz (CHZ)	0.05

Platform	Coin	Interest rate
Blockchain.com	Chiliz (CHZ)	Up to 1% 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.