Where and How to Lend Chiliz (CHZ)

Introduction

Lending Chiliz can be a great option for those who want to hold CHZ 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. Obtain Chiliz (CHZ) Tokens

   In order to lend Chiliz, you need to have it. To obtain Chiliz, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Chiliz (CHZ)	0.04
   Kraken	Chiliz (CHZ)	0.04
   OKX	Chiliz (CHZ)	0.04
   M2	Chiliz (CHZ)	0.04
   Binance	Chiliz (CHZ)	0.04
   BTSE	Chiliz (CHZ)	0.04

   See all 67 prices

2. 2. Choose a Chiliz Lender

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

   Platform	Coin	Interest rate
   Kucoin	Chiliz (CHZ)	Up to 0.5 APY
   Blockchain.com	Chiliz (CHZ)	Up to 1 APY

   See all 6 lending rates

3. 3. Lend Your Chiliz

   Once you’ve chosen a platform to lending your Chiliz, transfer your Chiliz into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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 maximise your returns.

What to be Aware of

Lending 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 their lending practices, reviews, and how they secure your cryptocurrency.