How to Lend Ethereum (ETH)

Introduction

Lending Ethereum can be an excellent choice for those looking to hold ETH 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 Ethereum (ETH) Tokens

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

   Plattform	Kryptowährung	Price
   Nexo	Ethereum (ETH)	2.947,66 APY
   PrimeXBT	Ethereum (ETH)	2.947,99 APY
   EarnPark	Ethereum (ETH)	2.941,05 APY
   YouHodler	Ethereum (ETH)	2.946,89 APY
   Binance	Ethereum (ETH)	2.949,31 APY
   BTSE	Ethereum (ETH)	2.948,35 APY

   View all 82 prices

2. 2. Select a Ethereum provider

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

   Plattform	Kryptowährung	APY
   Nexo	Ethereum (ETH)	Up to 8 % APY
   Nebeus	Ethereum (ETH)	Up to 4,5 % APY
   EarnPark	Ethereum (ETH)	Up to 5 % APY
   YouHodler	Ethereum (ETH)	Up to 12 % APY
   Aave	Ethereum (ETH)	Up to 0,42 % APY
   AQRU	Ethereum (ETH)	Up to 3 % APY

   View all 30 lending APY rates

3. 3. Lend Your Ethereum in Germany

   Once you've selected a platform to lend your Ethereum, transfer your Ethereum 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.