Where and How to Lend Toncoin (TON)

Introduction

Lending Toncoin can be a great option for those who want to hold TON 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 Toncoin (TON) Tokens

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

   Platform	Coin	Price
   PrimeXBT	Toncoin (TON)	5.37
   M2	Toncoin (TON)	5.38
   Uphold	Toncoin (TON)	5.37
   EarnPark	Toncoin (TON)	5.38
   Klink	Toncoin (TON)	5.38
   OKX	Toncoin (TON)	5.38

   See all 30 prices

2. 2. Choose a Toncoin Lender

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

   Platform	Coin	Interest rate
   YouHodler	Toncoin (TON)	Up to 20 APY
   EarnPark	Toncoin (TON)	Up to 5 APY
   Blockchain.com	Toncoin (TON)	Up to 6 APY

   See all 6 borrowing rates

3. 3. Lend Your Toncoin

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