Where and How to Lend USDC (USDC)

Introduction

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

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

   Platform	Coin	Price
   Nexo	USDC (USDC)	1
   M2	USDC (USDC)	1
   EarnPark	USDC (USDC)	1
   OKX	USDC (USDC)	1
   YouHodler	USDC (USDC)	1
   Binance	USDC (USDC)	1

   See all 31 prices

2. 2. Choose a USDC Lender

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

   Platform	Coin	Interest rate
   Nexo	USDC (USDC)	Up to 14 AER
   YouHodler	USDC (USDC)	Up to 20 AER
   EarnPark	USDC (USDC)	Up to 7 AER
   Syrup	USDC (USDC)	Up to 13.46 AER
   Nebeus	USDC (USDC)	Up to 13 AER
   Neverless	USDC (USDC)	Up to 14 AER

   See all 19 lending rates

3. 3. Lend Your USDC

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