How to Lend Arweave (AR): A Step-by-Step Guide for the UK

Introduction

Lending Arweave can be an excellent option for those who wish to hold AR 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 Arweave (AR) Tokens
To lend Arweave, you need to possess it. To obtain Arweave, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
PrimeXBT Arweave (AR) 3.48
Binance Arweave (AR) 3.48
Kraken Arweave (AR) 3.49
OKX Arweave (AR) 6.79
Uphold Arweave (AR) 6.8
Bake Arweave (AR) 3.49
View all 42 prices
2. Choose a Arweave Lender in the UK
Once you have AR, you'll need to choose a Arweave lending platform to lend your tokens. You can see some options here.
Platform Coin AER
Bitget Arweave (AR) Up to 1% AER
Kucoin Arweave (AR) Up to 0.5% AER
3. Lend Your Arweave
Once you've chosen a platform to lend your Arweave, transfer your Arweave 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
PrimeXBT	Arweave (AR)	3.48
Binance	Arweave (AR)	3.48
Kraken	Arweave (AR)	3.49
OKX	Arweave (AR)	6.79
Uphold	Arweave (AR)	6.8
Bake	Arweave (AR)	3.49

Platform	Coin	AER
Bitget	Arweave (AR)	Up to 1% AER
Kucoin	Arweave (AR)	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.