Where and How to Lend TRON (TRX)

Introduction

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

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

   Platform	Coin	Price
   Nexo	TRON (TRX)	0.23
   PrimeXBT	TRON (TRX)	0.23
   M2	TRON (TRX)	0.23
   Uphold	TRON (TRX)	0.25
   EarnPark	TRON (TRX)	0.23
   Kraken	TRON (TRX)	0.23

   See all 55 prices

2. 2. Select a TRON Lender

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

   Platform	Coin	Interest rate
   Nexo	TRON (TRX)	Up to 11 APY
   YouHodler	TRON (TRX)	Up to 12 APY
   EarnPark	TRON (TRX)	Up to 9 APY
   Bitget	TRON (TRX)	Up to 2.5 APY
   MEXC Global	TRON (TRX)	Up to 4 APY
   Blockchain.com	TRON (TRX)	Up to 8 APY

   See all 14 lending rates

3. 3. Lend Your TRON

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