Where and How to Lend Ether.fi (ETHFI)

Introduction

Lending Ether.fi can be a great option for those who want to hold ETHFI 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 Ether.fi (ETHFI) Tokens

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

   Platform	Loonies	Price
   Kraken	Ether.fi (ETHFI)	0.93
   OKX	Ether.fi (ETHFI)	0.94
   M2	Ether.fi (ETHFI)	0.93
   Binance	Ether.fi (ETHFI)	0.93
   BTSE	Ether.fi (ETHFI)	0.93
   Coinbase	Ether.fi (ETHFI)	0.93

   See all 43 prices

2. 2. Choose a Ether.fi Lender

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

   Platform	Loonies	Interest rate
   Bitget	Ether.fi (ETHFI)	Up to 1% annual percentage yield
   Kucoin	Ether.fi (ETHFI)	Up to 0.5% annual percentage yield

3. 3. Lend Your Ether.fi

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