Introduction

Lending Nano can be a great option for those who want to hold XNO 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 Nano (XNO) Tokens

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

   Platform	Coin	Cost
   Binance	Nano (XNO)	0.98
   OKX	Nano (XNO)	1.08
   BingX	Nano (XNO)	0.98
   Bitpanda	Nano (XNO)	1.28
   Bybit	Nano (XNO)	0.97
   CoinEx	Nano (XNO)	0.98

   See all 20 prices

2. 2. Choose a Nano lender

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

   Platform	Coin	Interest rate
   Kucoin	Nano (XNO)	Up to 0.38% p.a.

3. 3. Lend Your Nano

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