How to Lend Enjin Coin (ENJ): A Step-by-Step Guide for the UK

Introduction

Lending Enjin Coin can be an excellent option for those who wish to hold ENJ 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 Enjin Coin (ENJ) Tokens
To lend Enjin Coin, you need to possess it. To obtain Enjin Coin, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
Binance Enjin Coin (ENJ) 0.03
BTSE Enjin Coin (ENJ) 0.03
Coinbase Enjin Coin (ENJ) 0.29
Kraken Enjin Coin (ENJ) 0.03
OKX Enjin Coin (ENJ) 0.03
Bake Enjin Coin (ENJ) 0.03
View all 50 prices
2. Choose a Enjin Coin Lender in the UK
Once you have ENJ, you'll need to choose a Enjin Coin lending platform to lend your tokens. You can see some options here.
Platform Coin AER
Kucoin Enjin Coin (ENJ) Up to 4% AER
3. Lend Your Enjin Coin
Once you've chosen a platform to lend your Enjin Coin, transfer your Enjin Coin 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	Enjin Coin (ENJ)	0.03
BTSE	Enjin Coin (ENJ)	0.03
Coinbase	Enjin Coin (ENJ)	0.29
Kraken	Enjin Coin (ENJ)	0.03
OKX	Enjin Coin (ENJ)	0.03
Bake	Enjin Coin (ENJ)	0.03

Platform	Coin	AER
Kucoin	Enjin Coin (ENJ)	Up to 4% 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.