Introduction

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

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

   Plattform	Kryptowährung	Price
   PrimeXBT	NEO (NEO)	3,54 APY
   Binance	NEO (NEO)	3,55 APY
   OKX	NEO (NEO)	3,55 APY
   Uphold	NEO (NEO)	7,18 APY
   BingX	NEO (NEO)	3,55 APY
   Bitfinex	NEO (NEO)	3,53 APY

   View all 34 prices

2. 2. Select a NEO provider

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

   Plattform	Kryptowährung	APY
   Kucoin	NEO (NEO)	Up to 0,5 % APY

3. 3. Lend Your NEO in Germany

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