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Introduction

Lending Ankr Network can be an excellent option for those who wish to hold ANKR while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain Ankr Network (ANKR) Tokens

   To lend Ankr Network, you need to possess it. To obtain Ankr Network, you'll need to purchase it. You can choose from these popular exchanges in the UK.

   Platform	Coin	Price
   Binance	Ankr Network (ANKR)	0.01
   BTSE	Ankr Network (ANKR)	0.01
   Coinbase	Ankr Network (ANKR)	0.01
   Kraken	Ankr Network (ANKR)	0.01
   Uphold	Ankr Network (ANKR)	0.02
   Azbit	Ankr Network (ANKR)	0.01

   View all 46 prices

2. 2. Choose a Ankr Network Lender in the UK

   Once you have ANKR, you'll need to choose a Ankr Network lending platform to lend your tokens. You can see some options here.

   Platform	Coin	AER
   Gemini	Ankr Network (ANKR)	Up to 0.01% AER
   Kucoin	Ankr Network (ANKR)	Up to 0.11% AER

   View all 4 loan rates

3. 3. Earn Ankr Network

   Once you've selected a platform to earn your Ankr Network, transfer your Ankr Network into your wallet on the earning platform. Once it's deposited, it will begin to accrue AER. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn AER

   Now all you need to do is sit back while your cryptocurrency earns AER. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximise your returns.

What to Be Aware Of

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