How to Lend TRON (TRX): A Step-by-Step Guide for the UK

Introduction

Lending TRON can be an excellent option for those who wish to hold TRX 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. Obtain TRON (TRX) Tokens
To lend TRON, you need to possess it. To obtain TRON, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
Nexo TRON (TRX) 0.29
PrimeXBT TRON (TRX) 0.29
EarnPark TRON (TRX) 0.28
YouHodler TRON (TRX) 0.28
Binance TRON (TRX) 0.29
BTSE TRON (TRX) 0.29
View all 55 prices
2. Choose a TRON Lender in the UK
Once you have TRX, you'll need to choose a TRON lending platform to lend your tokens. You can see some options here.
Platform Coin AER
Nexo TRON (TRX) Up to 11% AER
EarnPark TRON (TRX) Up to 6% AER
YouHodler TRON (TRX) Up to 12% AER
Bitget TRON (TRX) Up to 2.5% AER
Blockchain.com TRON (TRX) Up to 8% AER
View all 14 loan rates
3. Lend Your TRON
Once you've chosen a platform to lend your TRON, transfer your TRON 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. 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.

Platform	Coin	Price
Nexo	TRON (TRX)	0.29
PrimeXBT	TRON (TRX)	0.29
EarnPark	TRON (TRX)	0.28
YouHodler	TRON (TRX)	0.28
Binance	TRON (TRX)	0.29
BTSE	TRON (TRX)	0.29

Platform	Coin	AER
Nexo	TRON (TRX)	Up to 11% AER
EarnPark	TRON (TRX)	Up to 6% AER
YouHodler	TRON (TRX)	Up to 12% AER
Bitget	TRON (TRX)	Up to 2.5% AER
Blockchain.com	TRON (TRX)	Up to 8% AER

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.