Where and How to Lend Bancor Network (BNT) in the UK

Introduction

Lending Bancor Network can be an excellent option for those looking to hold BNT while earning a return. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide specifically for you.

Step-by-Step Guide

1. 1. Acquire Bancor Network (BNT) Tokens

   To lend Bancor Network, you first need to possess it. To acquire Bancor Network, you'll need to purchase it. You can select from these popular exchanges in the UK.

   Platform	Coin	Cost
   YouHodler	Bancor Network (BNT)	0.8
   Kraken	Bancor Network (BNT)	0.8
   OKX	Bancor Network (BNT)	0.39
   Binance	Bancor Network (BNT)	0.8
   BTSE	Bancor Network (BNT)	0.8
   Coinbase	Bancor Network (BNT)	0.8

   View all 52 prices

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

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

   Platform	Coin	AER
   YouHodler	Bancor Network (BNT)	Up to 12% AER
   Gemini	Bancor Network (BNT)	Up to 0.01% AER

   View all 4 lending rates

3. 3. Lend Your Bancor Network in the UK

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

4. 4. Earn Interest in the UK

   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 lending platform offers compounding interest to maximise your returns.

What to Consider

Lending your cryptocurrency can be risky. 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.