How to Lend Ethernity Chain (ERN) in the UK

Introduction

Lending Ethernity Chain can be an excellent option for those who wish to hold ERN 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. 1. Obtain Ethernity Chain (ERN) Tokens

   To lend Ethernity Chain, you need to possess it. To obtain Ethernity Chain, you'll need to purchase it. You can choose from these popular exchanges in the UK.

   Platform	Coin	Price
   Binance	Ethernity Chain (ERN)	2.18
   Coinbase	Ethernity Chain (ERN)	0.71
   OKX	Ethernity Chain (ERN)	2.19
   BingX	Ethernity Chain (ERN)	2.13
   Bitmart	Ethernity Chain (ERN)	2.12
   Bitpanda	Ethernity Chain (ERN)	2.8

   View all 31 prices

2. 2. Choose a Ethernity Chain Lender in the UK

   Once you have ERN, you'll need to choose a Ethernity Chain lending platform to lend your tokens. You can see some options here.

   Platform	Coin	AER
   Kucoin	Ethernity Chain (ERN)	Up to 0.5% AER

3. 3. Lend Your Ethernity Chain

   Once you've chosen a platform to lend your Ethernity Chain, transfer your Ethernity Chain 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. 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.

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.