Where and How to Earn Elastos (ELA)

Introduction

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

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

   Platform	Coin	Price
   Coinbase	Elastos (ELA)	1.44
   BingX	Elastos (ELA)	1.44
   Bitget	Elastos (ELA)	1.43
   CoinEx	Elastos (ELA)	1.44
   Crypto.com	Elastos (ELA)	1.47
   Gate.io	Elastos (ELA)	1.43

   See all 18 prices

2. 2. Choose a Elastos Lender

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

   Platform	Coin	Interest rate
   Bitget	Elastos (ELA)	Up to 1% APY

3. 3. Earn Elastos

   Once you've selected a platform to earn your Elastos, transfer your Elastos 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.