How to Lend TRON (TRX) in Australia: A Step-by-Step Guide

Introduction

Lending TRON can be a great option for those who want to hold TRX 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 TRON (TRX) Tokens
To lend TRON, you need to possess it. To acquire TRON, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Nexo TRON (TRX) 0.3
PrimeXBT TRON (TRX) 0.29
EarnPark TRON (TRX) 0.29
YouHodler TRON (TRX) 0.29
Binance TRON (TRX) 0.29
BTSE TRON (TRX) 0.29
See all 55 prices
2. Choose a TRON lender
Once you have TRX, you'll need to choose a TRON lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Nexo TRON (TRX) Up to 11% p.a.
EarnPark TRON (TRX) Up to 6% p.a.
YouHodler TRON (TRX) Up to 12% p.a.
Bitget TRON (TRX) Up to 2.5% p.a.
Blockchain.com TRON (TRX) Up to 8% p.a.
See all 14 lending rates
3. Lend Your TRON
Once you've chosen a platform to lend your TRON, transfer your TRON 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.

Platform	Coin	Cost
Nexo	TRON (TRX)	0.3
PrimeXBT	TRON (TRX)	0.29
EarnPark	TRON (TRX)	0.29
YouHodler	TRON (TRX)	0.29
Binance	TRON (TRX)	0.29
BTSE	TRON (TRX)	0.29

Platform	Coin	Interest rate
Nexo	TRON (TRX)	Up to 11% p.a.
EarnPark	TRON (TRX)	Up to 6% p.a.
YouHodler	TRON (TRX)	Up to 12% p.a.
Bitget	TRON (TRX)	Up to 2.5% p.a.
Blockchain.com	TRON (TRX)	Up to 8% p.a.

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

missing en-au translation: common.latest-movements-copy

Market capitalisation: USD 20.77B
24-hour volume: USD 1.17B
Circulating supply: 86.18B TRX

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