Where and How to Lend iExec RLC (RLC)

Introduction

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

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

   Platform	Coin	Price
   Kraken	iExec RLC (RLC)	1.19
   Binance	iExec RLC (RLC)	1.2
   Coinbase	iExec RLC (RLC)	1.2
   Bitget	iExec RLC (RLC)	1.2
   MEXC Global	iExec RLC (RLC)	1.2
   Kucoin	iExec RLC (RLC)	1.2

   See all 32 prices

2. 2. Select a iExec RLC Lender

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

   Platform	Coin	Interest rate
   Kucoin	iExec RLC (RLC)	Up to 0.5 APY

3. 3. Lend Your iExec RLC

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