How to Lend Arweave (AR)

Introduction

Lending Arweave can be an excellent choice for those looking to hold AR while earning APY. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire Arweave (AR) Tokens

   To lend Arweave, you first need to possess it. To acquire Arweave, you'll have to buy it. You can select from these well-known exchanges.

   Plattform	Kryptowährung	Price
   PrimeXBT	Arweave (AR)	3,47 APY
   Binance	Arweave (AR)	3,48 APY
   Kraken	Arweave (AR)	3,48 APY
   OKX	Arweave (AR)	6,79 APY
   Uphold	Arweave (AR)	6,8 APY
   Bake	Arweave (AR)	3,47 APY

   View all 42 prices

2. 2. Select a Arweave provider

   Once you have AR, you'll need to select a Arweave lending platform to lend your tokens. You can explore some options here.

   Plattform	Kryptowährung	APY
   Bitget	Arweave (AR)	Up to 1 % APY
   Kucoin	Arweave (AR)	Up to 0,5 % APY

3. 3. Lend Your Arweave in Germany

   Once you've selected a platform to lend your Arweave, transfer your Arweave into your wallet on the lending platform. Once it's deposited, it will begin to accrue APY. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform offers compounding interest to maximize your returns.

What to Consider

Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.