How to Lend Cronos (CRO): A Step-by-Step Guide for the UK

Introduction

Lending Cronos can be an excellent option for those who wish to hold CRO 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 Cronos (CRO) Tokens
To lend Cronos, you need to possess it. To obtain Cronos, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
Coinbase Cronos (CRO) 0.1
Kraken Cronos (CRO) 0.1
OKX Cronos (CRO) 0.14
Uphold Cronos (CRO) 0.1
Azbit Cronos (CRO) 0.1
BingX Cronos (CRO) 0.33
View all 34 prices
2. Choose a Cronos Lender in the UK
Once you have CRO, you'll need to choose a Cronos lending platform to lend your tokens. You can see some options here.
Platform Coin AER
Bitget Cronos (CRO) Up to 2.6% AER
Kucoin Cronos (CRO) Up to 0.48% AER
3. Lend Your Cronos
Once you've chosen a platform to lend your Cronos, transfer your Cronos 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
Coinbase	Cronos (CRO)	0.1
Kraken	Cronos (CRO)	0.1
OKX	Cronos (CRO)	0.14
Uphold	Cronos (CRO)	0.1
Azbit	Cronos (CRO)	0.1
BingX	Cronos (CRO)	0.33

Platform	Coin	AER
Bitget	Cronos (CRO)	Up to 2.6% AER
Kucoin	Cronos (CRO)	Up to 0.48% 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.