Where and How to Lend Nervos Network (CKB)

Introduction

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

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

   Platform	Coin	Price
   Binance	Nervos Network (CKB)	0
   MEXC Global	Nervos Network (CKB)	0
   Gate.io	Nervos Network (CKB)	0
   Bitget	Nervos Network (CKB)	0
   Bitmart	Nervos Network (CKB)	0
   BingX	Nervos Network (CKB)	0

   See all 33 prices

2. 2. Select a Nervos Network Lender

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

   Platform	Coin	Interest rate
   Bitget	Nervos Network (CKB)	Up to 0.6% APY
   Kucoin	Nervos Network (CKB)	Up to 0.5% APY

3. 3. Lend Your Nervos Network

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