Where and How to Earn Ethereum Name Service (ENS)

Introduction

Lending Ethereum Name Service can be an excellent choice for individuals looking to hold ENS 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 Ethereum Name Service (ENS) Tokens

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

   Platform	Coin	Price
   PrimeXBT	Ethereum Name Service (ENS)	9.58 APY
   Binance	Ethereum Name Service (ENS)	9.58 APY
   BTSE	Ethereum Name Service (ENS)	9.58 APY
   Coinbase	Ethereum Name Service (ENS)	9.59 APY
   Kraken	Ethereum Name Service (ENS)	9.58 APY
   OKX	Ethereum Name Service (ENS)	24.74 APY

   View all 62 prices

2. 2. Select a Ethereum Name Service lending platform

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

   Platform	Coin	APY
   Aave	Ethereum Name Service (ENS)	Up to 0.02% APY
   Kucoin	Ethereum Name Service (ENS)	Up to 0.5% APY

   View all 4 loan interest rates

3. 3. Earn Ethereum Name Service

   Once you've selected a platform to earn your Ethereum Name Service, transfer your Ethereum Name Service 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