Where and How to Lend Injective (INJ)

Introduction

Lending Injective can be a great option for those who want to hold INJ 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 Injective (INJ) Tokens

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

   Platform	Loonies	Price
   PrimeXBT	Injective (INJ)	11.18
   Uphold	Injective (INJ)	11.18
   Kraken	Injective (INJ)	11.2
   OKX	Injective (INJ)	11.19
   YouHodler	Injective (INJ)	11.18

   See all 62 prices

2. 2. Choose a Injective Lender

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

   Platform	Loonies	Interest rate
   Nexo	Injective (INJ)	Up to 9 annual percentage yield
   YouHodler	Injective (INJ)	Up to 16 annual percentage yield
   Kucoin	Injective (INJ)	Up to 0.5 annual percentage yield

   See all 7 lending rates

3. 3. Lend Your Injective

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