Where and How to Lend Cronos (CRO)

Introduction

Lending Cronos can be a great option for those who want to hold CRO 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 Cronos (CRO) Tokens

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

   Platform	Loonies	Price
   Uphold	Cronos (CRO)	0.09
   Kraken	Cronos (CRO)	0.09
   OKX	Cronos (CRO)	0.09
   Coinbase	Cronos (CRO)	0.09
   MEXC Global	Cronos (CRO)	0.09
   Bitget	Cronos (CRO)	0.09

   See all 28 prices

2. 2. Choose a Cronos Lender

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

   Platform	Loonies	Interest rate
   Bitget	Cronos (CRO)	Up to 2.6 annual percentage yield
   Kucoin	Cronos (CRO)	Up to 3.26 annual percentage yield

3. 3. Lend Your Cronos

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