Introduction
Lending Neon can be a great option for those who want to hold NEON 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. Acquire Neon (NEON) Tokens
To be able to lend Neon, you need to have it. To get Neon, you’ll have to buy it. You can pick from these popular exchanges.
See all 22 pricesPlatform Coin Price Coinbase Neon (NEON) 0.09 BingX Neon (NEON) 0.09 Bitmart Neon (NEON) 0.09 CoinEx Neon (NEON) 0.09 CoinList Neon (NEON) 0.14 Crypto.com Neon (NEON) 0.09 2. Choose a Neon Lender
Once you have NEON, you’ll need to choose a Neon lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Neon (NEON) Up to 0.5% APY 3. Lend Your Neon
Once you’ve chosen a platform to lend your Neon, transfer your Neon 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. 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.
Latest Movements
Neon (NEON) is currently priced at USD 0.5 with a 24-hour trading volume of USD 3.14M. The market cap of Neon stands at USD 59.32M, with 192.47M NEON in circulation. For those looking to buy or trade Neon, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 59.32M
- 24h volume
- USD 3.14M
- Circulating supply
- 192.47M NEON