Introduction
Lending Ronin can be a great option for those who want to hold RON 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. Obtain Ronin (RON) Tokens
To lend Ronin, you need to possess it. To acquire Ronin, you'll need to buy it. You can select from these popular exchanges.
See all 35 pricesPlatform Coin Cost Binance Ronin (RON) 0.13 Coinbase Ronin (RON) 0.13 OKX Ronin (RON) 0.79 Uphold Ronin (RON) 0.6 Bake Ronin (RON) 0.13 BingX Ronin (RON) 0.13 2. Choose a Ronin lender
Once you have RON, you'll need to choose a Ronin lending platform to lend your tokens. You can find some options here.
3. Lend Your Ronin
Once you've chosen a platform to lend your Ronin, transfer your Ronin 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. 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.
Latest Movements
- Market capitalisation
- USDĀ 689.46M
- 24-hour volume
- USDĀ 16.58M
- Circulating supply
- 375.56M RON
