Where and How to Lend USDC (USDC)

Introduction

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

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

   Platform	Loonies	Price
   Nexo	USDC (USDC)	1
   EarnPark	USDC (USDC)	1
   Kraken	USDC (USDC)	1
   OKX	USDC (USDC)	1
   YouHodler	USDC (USDC)	1
   M2	USDC (USDC)	1

   See all 60 prices

2. 2. Choose a USDC Lender

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

   Platform	Loonies	Interest rate
   Nexo	USDC (USDC)	Up to 14 annual percentage yield
   YouHodler	USDC (USDC)	Up to 20 annual percentage yield
   EarnPark	USDC (USDC)	Up to 7 annual percentage yield
   Syrup	USDC (USDC)	Up to 10.67 annual percentage yield
   Nebeus	USDC (USDC)	Up to 13 annual percentage yield
   Neverless	USDC (USDC)	Up to 14 annual percentage yield

   See all 34 lending rates

3. 3. Lend Your USDC

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