Where and How to Lend Ankr Network (ANKR)

Introduction

Lending Ankr Network can be a great option for those who want to hold ANKR 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. Get Ankr Network (ANKR) Tokens

   To lend Ankr Network, you need to have it. To get Ankr Network, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Loonies	Price
   Uphold	Ankr Network (ANKR)	0.02
   Kraken	Ankr Network (ANKR)	0.02
   Binance	Ankr Network (ANKR)	0.02
   BTSE	Ankr Network (ANKR)	0.02
   Coinbase	Ankr Network (ANKR)	0.02
   MEXC Global	Ankr Network (ANKR)	0.02

   See all 46 prices

2. 2. Choose a Ankr Network Lender

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

   Platform	Loonies	Interest rate
   Kucoin	Ankr Network (ANKR)	Up to 0.26% annual percentage yield
   Gemini	Ankr Network (ANKR)	Up to 0.01% annual percentage yield

   See all 4 lending rates

3. 3. Lend Your Ankr Network

   Once you’ve chosen a platform for lending your Ankr Network, transfer your Ankr Network into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay 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 maximize your returns.

What to be Aware of

Loaning 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 out their lending practices, reviews, and how they secure your cryptocurrency.