Where and How to Lend Band Protocol (BAND)

Introduction

Lending Band Protocol can be a great option for those who wish to hold BAND 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 Band Protocol (BAND) Tokens

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

   Platform	Coin	Price
   Uphold	Band Protocol (BAND)	0.66
   Kraken	Band Protocol (BAND)	0.66
   OKX	Band Protocol (BAND)	0.83
   Binance	Band Protocol (BAND)	0.66
   BTSE	Band Protocol (BAND)	0.66
   Coinbase	Band Protocol (BAND)	0.66

   See all 45 prices

2. 2. Select a Band Protocol Lender

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

   Platform	Coin	Interest rate
   Kucoin	Band Protocol (BAND)	Up to 0.5 APY

3. 3. Lend Your Band Protocol

   After you have selected a platform for lending your Band Protocol, transfer your Band Protocol 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.