Where and How to Lend Ankr Network (ANKR)

Introduction

Lending Ankr Network can be a great option for those who wish to hold ANKR but earn interest. The steps can be a bit intimidating, especially the first time you attempt them. That's why we have compiled this guide for you.

Step-by-Step Guide

1. 1. Acquire Ankr Network (ANKR) Tokens

   To lend Ankr Network, you need to have it. To obtain Ankr Network, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	Ankr Network (ANKR)	0.03
   Uphold	Ankr Network (ANKR)	0.03
   Kraken	Ankr Network (ANKR)	0.03
   Binance	Ankr Network (ANKR)	0.03
   Coinbase	Ankr Network (ANKR)	0.03
   BTSE	Ankr Network (ANKR)	0.03

   See all 20 prices

2. 2. Select a Ankr Network Lender

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

   Platform	Coin	Interest rate
   Kucoin	Ankr Network (ANKR)	Up to 0.14 APY
   Gemini	Ankr Network (ANKR)	Up to 0.01 APY

3. 3. Lend Your Ankr Network

   After you have selected a platform for lending your Ankr Network, transfer your Ankr Network into your wallet on the lending platform. Once it is deposited, it will begin earning interest. Some platforms pay interest on a daily basis, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you have to do is relax while your crypto earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure that you do your research before depositing your crypto. Don’t lend more than you’re prepared to lose. Verify their lending practices, reviews, and how they secure your cryptocurrency.