Where and How to Earn Arbitrum (ARB)

Introduction

Lending Arbitrum can be an excellent choice for individuals looking to hold ARB while earning an attractive APY. The process may seem a bit overwhelming, particularly for first-time users. To simplify this experience, we have created this comprehensive guide tailored for you.

Step-by-Step Guide

1. 1. Acquire Arbitrum (ARB) Tokens

   To lend Arbitrum, you must first possess it. To acquire Arbitrum, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.

   Platform	Coin	Price
   Nexo	Arbitrum (ARB)	0.19 APY
   EarnPark	Arbitrum (ARB)	0.19 APY
   YouHodler	Arbitrum (ARB)	0.19 APY
   Binance	Arbitrum (ARB)	0.19 APY
   BTSE	Arbitrum (ARB)	0.19 APY
   Coinbase	Arbitrum (ARB)	0.19 APY

   View all 58 prices

2. 2. Select a Arbitrum lending platform

   Once you have ARB, you'll need to select a Arbitrum lending platform to lend your tokens. You can explore several options available in the market here.

   Platform	Coin	APY
   Nexo	Arbitrum (ARB)	Up to 6% APY
   EarnPark	Arbitrum (ARB)	Up to 7% APY
   Aave	Arbitrum (ARB)	Up to 0.71% APY
   Bitget	Arbitrum (ARB)	Up to 0.16% APY

   View all 11 loan interest rates

3. 3. Earn Arbitrum

   Once you've selected a platform to earn your Arbitrum, transfer your Arbitrum into your wallet on the earning platform. After the deposit is completed, it will begin to accrue interest. Some platforms offer interest payments daily, while others may do so weekly or monthly.

4. 4. Earn APY on Your Assets

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the greater your potential earnings. Be sure to choose a platform that offers compounding interest to maximize your returns.

What to Consider in the Chinese Market

Lending your cryptocurrency can involve significant risks