Where and How to Lend BNB (BNB)

Introduction

Lending BNB can be a great option for those who want to hold BNB but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain BNB (BNB) Tokens

   To lend BNB, you need to have it. To acquire BNB, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	BNB (BNB)	695.91
   PrimeXBT	BNB (BNB)	693.71
   M2	BNB (BNB)	693.65
   Uphold	BNB (BNB)	693.51
   EarnPark	BNB (BNB)	693.48
   Klink	BNB (BNB)	694.03

   See all 32 prices

2. 2. Choose a BNB Lender

   Once you have BNB, you’ll need to choose a BNB lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Nexo	BNB (BNB)	Up to 8 AER
   YouHodler	BNB (BNB)	Up to 12 AER
   EarnPark	BNB (BNB)	Up to 9 AER
   Bitget	BNB (BNB)	Up to 0.5 AER
   Kucoin	BNB (BNB)	Up to 8 AER

   See all 8 lending rates

3. 3. Lend Your BNB

   Once you’ve chosen a platform to lend your BNB, transfer your BNB into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compound interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.