Where and How to Lend Ondo (ONDO)

Introduction

Lending Ondo can be a great option for those who want to hold ONDO 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 Ondo (ONDO) Tokens

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

   Platform	Coin	Price
   Nexo	Ondo (ONDO)	0.85
   Uphold	Ondo (ONDO)	0.85
   YouHodler	Ondo (ONDO)	0.85
   Kraken	Ondo (ONDO)	0.85
   OKX	Ondo (ONDO)	0.84
   Binance	Ondo (ONDO)	0.85

   See all 51 prices

2. 2. Choose a Ondo Lender

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

   Platform	Coin	Interest rate
   YouHodler	Ondo (ONDO)	Up to 30 AER
   Bitget	Ondo (ONDO)	Up to 1 AER
   Kucoin	Ondo (ONDO)	Up to 0.04 AER

   See all 5 lending rates

3. 3. Lend Your Ondo

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