Where and How to Lend Starknet (STRK)

Introduction

Lending Starknet can be a great option for those who want to hold STRK 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 Starknet (STRK) Tokens

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

   Platform	Coin	Price
   Uphold	Starknet (STRK)	0.13
   YouHodler	Starknet (STRK)	0.13
   Kraken	Starknet (STRK)	0.13
   OKX	Starknet (STRK)	0.13
   M2	Starknet (STRK)	0.13
   Binance	Starknet (STRK)	0.13

   See all 57 prices

2. 2. Choose a Starknet Lender

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

   Platform	Coin	Interest rate
   YouHodler	Starknet (STRK)	Up to 16 AER
   Kucoin	Starknet (STRK)	Up to 0.5 AER

   See all 4 lending rates

3. 3. Lend Your Starknet

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