Where and How to Lend BNB (BNB)

Introduction

Lending BNB can be a great option for those who wish to hold BNB 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 BNB (BNB) Tokens

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

   Platform	Coin	Price
   Nexo	BNB (BNB)	706.39
   PrimeXBT	BNB (BNB)	703.84
   M2	BNB (BNB)	703.64
   Uphold	BNB (BNB)	703.38
   EarnPark	BNB (BNB)	702.41
   Klink	BNB (BNB)	702.87

   See all 33 prices

2. 2. Select a BNB Lender

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

   Platform	Coin	Interest rate
   Nexo	BNB (BNB)	Up to 8 APY
   YouHodler	BNB (BNB)	Up to 12 APY
   EarnPark	BNB (BNB)	Up to 9 APY
   Bitget	BNB (BNB)	Up to 0.5 APY
   Kucoin	BNB (BNB)	Up to 8 APY

   See all 8 lending rates

3. 3. Lend Your BNB

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