Introduction

Lending Chromia can be a great option for those who want to hold CHR 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 Chromia (CHR) Tokens

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

   Platform	Coin	Cost
   PrimeXBT	Chromia (CHR)	0.04
   Binance	Chromia (CHR)	0.04
   Uphold	Chromia (CHR)	0.09
   BingX	Chromia (CHR)	0.04
   Bitget	Chromia (CHR)	0.04
   Bitmart	Chromia (CHR)	0.05

   See all 25 prices

2. 2. Choose a Chromia lender

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

3. 3. Lend Your Chromia

   Once you've chosen a platform to lend your Chromia, transfer your Chromia 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. 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.

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.