How to Earn Ren (REN): A Comprehensive Guide for the UK

Introduction

Lending Ren can be an excellent option for those who wish to hold REN 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. Obtain Ren (REN) Tokens
To lend Ren, you need to possess it. To obtain Ren, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
Binance Ren (REN) 0.04
BTSE Ren (REN) 0.05
Coinbase Ren (REN) 0.04
Kraken Ren (REN) 0.01
Uphold Ren (REN) 0.01
BingX Ren (REN) 0.01
View all 39 prices
2. Choose a Ren Lender in the UK
Once you have REN, you'll need to choose a Ren lending platform to lend your tokens. You can see some options here.
Platform Coin AER
Gemini Ren (REN) Up to 0.01% AER
Kucoin Ren (REN) Up to 0.5% AER
View all 4 loan rates
3. Earn Ren
Once you've selected a platform to earn your Ren, transfer your Ren 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. 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.

Platform	Coin	Price
Binance	Ren (REN)	0.04
BTSE	Ren (REN)	0.05
Coinbase	Ren (REN)	0.04
Kraken	Ren (REN)	0.01
Uphold	Ren (REN)	0.01
BingX	Ren (REN)	0.01

Platform	Coin	AER
Gemini	Ren (REN)	Up to 0.01% AER
Kucoin	Ren (REN)	Up to 0.5% AER

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.