Where and How to Lend Ethernity Chain (ERN)

Introduction

Lending Ethernity Chain can be a great option for those who want to hold ERN but earn yield. The steps can be a little 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. Acquire Ethernity Chain (ERN) Tokens

   To be able to lend Ethernity Chain, you need to have it. To get Ethernity Chain, you’ll have to buy it. You can pick from these popular exchanges.

   Platform	Coin	Price
   OKX	Ethernity Chain (ERN)	2.19
   Binance	Ethernity Chain (ERN)	2.18
   Coinbase	Ethernity Chain (ERN)	1.39
   MEXC Global	Ethernity Chain (ERN)	1.7
   Kucoin	Ethernity Chain (ERN)	1.87
   Bitmart	Ethernity Chain (ERN)	2.12

   See all 31 prices

2. 2. Choose a Ethernity Chain Lender

   Once you have ERN, you’ll need to choose a Ethernity Chain lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Ethernity Chain (ERN)	Up to 0.5 APY

3. 3. Lend Your Ethernity Chain

   Once you’ve chosen a platform to lend your Ethernity Chain, transfer your Ethernity Chain into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure 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.