Where and How to Lend Hedera (HBAR)

Introduction

Lending Hedera can be a great option for those who want to hold HBAR 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 Hedera (HBAR) Tokens

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

   Platform	Loonies	Price
   Uphold	Hedera (HBAR)	0.22
   OKX	Hedera (HBAR)	0.23
   Binance	Hedera (HBAR)	0.23
   Coinbase	Hedera (HBAR)	0.23
   MEXC Global	Hedera (HBAR)	0.23
   Bitget	Hedera (HBAR)	0.23

   See all 50 prices

2. 2. Choose a Hedera Lender

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

   Platform	Loonies	Interest rate
   Kucoin	Hedera (HBAR)	Up to 0.05 annual percentage yield
   Coinbase	Hedera (HBAR)	Up to 0.13 annual percentage yield

   See all 4 lending rates

3. 3. Lend Your Hedera

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