Where and How to Earn Bancor Network (BNT)

Introduction

Lending Bancor Network can be a great option for those who want to hold BNT 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 Bancor Network (BNT) Tokens

   To lend Bancor Network, you need to have it. To get Bancor Network, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Price
   YouHodler	Bancor Network (BNT)	0.68
   Binance	Bancor Network (BNT)	0.68
   BTSE	Bancor Network (BNT)	0.68
   Coinbase	Bancor Network (BNT)	0.68
   Kraken	Bancor Network (BNT)	0.68
   OKX	Bancor Network (BNT)	0.72

   See all 52 prices

2. 2. Choose a Bancor Network Lender

   Once you have BNT, you'll need to select a Bancor Network lending platform to lend your tokens. You can check some options here.

   Platform	Coin	Interest rate
   YouHodler	Bancor Network (BNT)	Up to 12% APY
   Gemini	Bancor Network (BNT)	Up to 0.01% APY

   See all 4 lending rates

3. 3. Earn Bancor Network

   Once you've selected a platform to earn your Bancor Network, transfer your Bancor Network into your wallet on the earning platform. Once it's deposited, it will begin earning interest. Some platforms pay interest daily, while others offer it weekly or monthly.

4. 4. Earn Interest

   Now, you just need to relax while your crypto earns interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximise your returns.

What to Keep in Mind

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.