Where and How to Lend APE (ape)

Introduction

Lending APE can be a great option for those who want to hold ape 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 APE (ape) Tokens

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

   Platform	Loonies	Price
   YouHodler	APE (ape)	0.54
   OKX	APE (ape)	0.54
   Binance	APE (ape)	0.54
   BTSE	APE (ape)	0.54
   Coinbase	APE (ape)	0.54
   Gate.io	APE (ape)	0.54

   See all 26 prices

2. 2. Choose a APE Lender

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

   Platform	Loonies	Interest rate
   YouHodler	APE (ape)	Up to 12% annual percentage yield
   SwissBorg	APE (ape)	Up to 3.41% annual percentage yield

   See all 5 lending rates

3. 3. Lend Your APE

   Once you’ve chosen a platform for lending your APE, transfer your APE 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.