Where and How to Lend Neon (NEON)

Introduction

Lending Neon can be a great option for those who want to hold NEON 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 Neon (NEON) Tokens

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

   Platform	Coin	Price
   Coinbase	Neon (NEON)	0.11
   MEXC Global	Neon (NEON)	0.11
   Kucoin	Neon (NEON)	0.11
   Bitmart	Neon (NEON)	0.11
   Gate.io	Neon (NEON)	0.11
   CoinEx	Neon (NEON)	0.11

   See all 22 prices

2. 2. Choose a Neon Lender

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

   Platform	Coin	Interest rate
   Kucoin	Neon (NEON)	Up to 0.5 AER

3. 3. Lend Your Neon

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