Where and How to Earn NEAR Protocol (NEAR)

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

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

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

   Platform	Coin	Price
   Nexo	NEAR Protocol (NEAR)	1,71
   PrimeXBT	NEAR Protocol (NEAR)	1,7
   YouHodler	NEAR Protocol (NEAR)	1,7
   Binance	NEAR Protocol (NEAR)	1,71
   BTSE	NEAR Protocol (NEAR)	1,71

   See all 59 prices

2. 2. Select a NEAR Protocol Lender

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

   Platform	Coin	Interest rate
   Nexo	NEAR Protocol (NEAR)	Up to 10% APY
   YouHodler	NEAR Protocol (NEAR)	Up to 16% APY
   Bitget	NEAR Protocol (NEAR)	Up to 4,2% APY
   Blockchain.com	NEAR Protocol (NEAR)	Up to 6,5% APY
   Coinbase	NEAR Protocol (NEAR)	Up to 9,19% APY

   See all 12 lending rates

3. 3. Earn NEAR Protocol with competitive rates that allow you to maximize your investments

   Once you've selected a platform to earn your NEAR Protocol, transfer your NEAR Protocol 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.