Where and How to Lend Ethereum (ETH)

Introduction

Lending Ethereum can be a great option for those who want to hold ETH 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 Ethereum (ETH) Tokens

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

   Platform	Coin	Price
   Nexo	Ethereum (ETH)	3,269.94
   PrimeXBT	Ethereum (ETH)	3,270.28
   M2	Ethereum (ETH)	3,271.23
   Uphold	Ethereum (ETH)	3,269.92
   EarnPark	Ethereum (ETH)	3,270.13
   Klink	Ethereum (ETH)	3,272.14

   See all 41 prices

2. 2. Choose a Ethereum Lender

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

   Platform	Coin	Interest rate
   Nexo	Ethereum (ETH)	Up to 8 AER
   YouHodler	Ethereum (ETH)	Up to 12 AER
   EarnPark	Ethereum (ETH)	Up to 10 AER
   Nebeus	Ethereum (ETH)	Up to 4.5 AER
   Bitget	Ethereum (ETH)	Up to 5 AER
   Aave	Ethereum (ETH)	Up to 0.42 AER

   See all 16 lending rates

3. 3. Lend Your Ethereum

   Once you’ve chosen a platform to lend your Ethereum, transfer your Ethereum 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.