How to Lend Toncoin (TON) in India: A Step-by-Step Guide

Introduction

Lending Toncoin can be an excellent choice for those looking to hold TON while earning returns. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this comprehensive guide tailored for you.

Step-by-Step Guide for Indian Investors

1. Acquire Toncoin (TON) Tokens in India
To lend Toncoin, you first need to possess it. To acquire Toncoin, you'll have to buy it. You can select from these popular Indian exchanges.
Platform Coin Cost
PrimeXBT Toncoin (TON) 1.81
EarnPark Toncoin (TON) 1.82
YouHodler Toncoin (TON) 1.82
Binance Toncoin (TON) 1.81
BTSE Toncoin (TON) 1.82
Coinbase Toncoin (TON) 1.82
See all 65 rates
2. Choose a Toncoin Lender in India
Once you have TON, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.
Platform Coin APY
EarnPark Toncoin (TON) Up to 5% APY
YouHodler Toncoin (TON) Up to 20% APY
Blockchain.com Toncoin (TON) Up to 4% APY
Coinbase Toncoin (TON) Up to 4.74% APY
View all 12 lending rates in India
3. Lend Your Toncoin in India
Once you've selected a platform to lend your Toncoin, transfer your Toncoin into your wallet on the lending platform. After the deposit is made, it will begin to earn APY. Some platforms offer interest payouts daily, while others may do so weekly or monthly.
4. Earn Interest in India
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding interest to maximise your earnings.

Platform	Coin	Cost
PrimeXBT	Toncoin (TON)	1.81
EarnPark	Toncoin (TON)	1.82
YouHodler	Toncoin (TON)	1.82
Binance	Toncoin (TON)	1.81
BTSE	Toncoin (TON)	1.82
Coinbase	Toncoin (TON)	1.82

Platform	Coin	APY
EarnPark	Toncoin (TON)	Up to 5% APY
YouHodler	Toncoin (TON)	Up to 20% APY
Blockchain.com	Toncoin (TON)	Up to 4% APY
Coinbase	Toncoin (TON)	Up to 4.74% APY

What to Keep in Mind

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto assets. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.