Introduction
Lending TRON can be a great option for those who want to hold TRX 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. Get TRON (TRX) Tokens
To lend TRON, you need to have it. To get TRON, you'll need to buy it. You can choose from these popular exchanges.
See all 55 pricesPlatform Loonies Price Nexo TRON (TRX) 0.25 PrimeXBT TRON (TRX) 0.25 Uphold TRON (TRX) 0.25 EarnPark TRON (TRX) 0.25 YouHodler TRON (TRX) 0.25 Kraken TRON (TRX) 0.25 2. Choose a TRON Lender
Once you have TRX, you’ll need to choose a TRON lending platform to lend your tokens. You can see some options here.
See all 14 lending ratesPlatform Loonies Interest rate Nexo TRON (TRX) Up to 11 annual percentage yield YouHodler TRON (TRX) Up to 12 annual percentage yield EarnPark TRON (TRX) Up to 6 annual percentage yield Bitget TRON (TRX) Up to 2.5 annual percentage yield MEXC Global TRON (TRX) Up to 4 annual percentage yield Blockchain.com TRON (TRX) Up to 8 annual percentage yield 3. Lend Your TRON
Once you’ve chosen a platform for lending your TRON, transfer your TRON 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. 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.
Latest Movements
TRON (TRX) is currently priced at US$11 with a 24-hour trading volume of US$1.17B. The market cap of TRON is currently at US$20.77B, with 86.18B TRX in circulation. For those interested in buying or trading TRON, Nexo offers ways to do so securely and efficiently
- Market capitalization
- US$20.77B
- 24h volume
- US$1.17B
- Circulating supply
- 86.18B TRX