Where and How to Lend Toncoin (TON)

Introduction

Lending Toncoin can be a great option for those who want to hold TON 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 Toncoin (TON) Tokens

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

   Platform	Coin	Price
   PrimeXBT	Toncoin (TON)	4
   Uphold	Toncoin (TON)	3.99
   EarnPark	Toncoin (TON)	4.03
   YouHodler	Toncoin (TON)	4.04
   Kraken	Toncoin (TON)	3.98
   OKX	Toncoin (TON)	3.99

   See all 62 prices

2. 2. Choose a Toncoin Lender

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

   Platform	Coin	Interest rate
   YouHodler	Toncoin (TON)	Up to 20 AER
   EarnPark	Toncoin (TON)	Up to 5 AER
   Blockchain.com	Toncoin (TON)	Up to 6 AER

   See all 12 lending rates

3. 3. Lend Your Toncoin

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