How to Lend Ankr Network (ANKR): A Step-by-Step Guide for the UK

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. 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. 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. Lend Your Ankr Network
Once you've chosen a platform to lend your Ankr Network, transfer your Ankr Network into your wallet on the lending platform. Once it's deposited, it will start earning 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 interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compounding interest to maximise your returns.

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

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