Where and How to Lend Bancor Network (BNT)

Introduction

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

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

   Platform	Coin	Price
   YouHodler	Bancor Network (BNT)	0.39
   Kraken	Bancor Network (BNT)	0.39
   OKX	Bancor Network (BNT)	0.39
   Binance	Bancor Network (BNT)	0.39
   BTSE	Bancor Network (BNT)	0.39
   Coinbase	Bancor Network (BNT)	0.39

   See all 52 prices

2. 2. Select a Bancor Network Lender

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

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

   See all 4 lending rates

3. 3. Lend Your Bancor Network

   After you have selected a platform for lending your Bancor Network, transfer your Bancor 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.