Introduction

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

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

   Platform	Loonies	Price
   OKX	Verasity (VRA)	0
   BTSE	Verasity (VRA)	0
   Bitget	Verasity (VRA)	0
   MEXC Global	Verasity (VRA)	0
   Kucoin	Verasity (VRA)	0
   Bitmart	Verasity (VRA)	0

   See all 26 prices

2. 2. Choose a Verasity Lender

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

   Platform	Loonies	Interest rate
   Kucoin	Verasity (VRA)	Up to 0.09 annual percentage yield

3. 3. Lend Your Verasity

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