Where and How to Lend Ravencoin (RVN)

Introduction

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

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

   Platform	Coin	Price
   Bitpanda	Ravencoin (RVN)	0.02
   Uphold	Ravencoin (RVN)	0.02
   OKX	Ravencoin (RVN)	0.02
   Binance	Ravencoin (RVN)	0.02
   MEXC Global	Ravencoin (RVN)	0.02
   BingX	Ravencoin (RVN)	0.02

   See all 15 prices

2. 2. Select a Ravencoin Lender

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

   Platform	Coin	Interest rate
   Kucoin	Ravencoin (RVN)	Up to 0.50 APY
   OKX	Ravencoin (RVN)	Up to 1.00 APY

3. 3. Lend Your Ravencoin

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