Where and How to Lend Nervos Network (CKB)

Introduction

Lending Nervos Network can be a great option for those who want to hold CKB 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 Nervos Network (CKB) Tokens

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

   Platform	Coin	Price
   Binance	Nervos Network (CKB)	0
   Bitget	Nervos Network (CKB)	0
   MEXC Global	Nervos Network (CKB)	0
   Kucoin	Nervos Network (CKB)	0
   Bitmart	Nervos Network (CKB)	0
   Gate.io	Nervos Network (CKB)	0

   See all 33 prices

2. 2. Choose a Nervos Network Lender

   Once you have CKB, you’ll need to choose a Nervos Network lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Bitget	Nervos Network (CKB)	Up to 0.6 APY
   Kucoin	Nervos Network (CKB)	Up to 0.41 APY

3. 3. Lend Your Nervos Network

   Once you’ve chosen a platform to lend your Nervos Network, transfer your Nervos Network 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.