Where and How to Earn Bancor Network (BNT)

Introduction to the world of cryptocurrency can be both exciting and daunting

Lending Bancor Network can be an excellent choice for those looking to hold BNT while earning yield. The process may seem a bit intimidating, particularly for first-timers. That's why we've created this guide to help you navigate through it.

Step-by-Step Guide 1

1. 1. Acquire Bancor Network (BNT) Tokens

   To lend Bancor Network, you must first possess it. To acquire Bancor Network, you'll need to purchase it. You can select from these well-known exchanges.

   Platform	Coin	Price
   YouHodler	Bancor Network (BNT)	0,42
   Binance	Bancor Network (BNT)	0,42
   BTSE	Bancor Network (BNT)	0,42
   Coinbase	Bancor Network (BNT)	0,41
   Kraken	Bancor Network (BNT)	0,41
   OKX	Bancor Network (BNT)	0,39

   See all 52 prices

2. 2. Select a Bancor Network Lender

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

   Platform	Coin	Interest rate
   YouHodler	Bancor Network (BNT)	Up to 12% APY
   Gemini	Bancor Network (BNT)	Up to 0,01% APY

   See all 4 lending rates

3. 3. Earn Bancor Network with competitive rates that allow you to maximize your investments

   Once you've selected a platform to earn your Bancor Network, transfer your Bancor Network into your wallet on the earning platform. Once it's deposited, it will begin to accrue interest. Some platforms offer interest payments 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. Ensure that your earning platform offers compounding APY to maximise your returns.

What to be Aware of

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.