Where and How to Lend USDC (USDC)

Introduction

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

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

   Platform	Coin	Price
   Nexo	USDC (USDC)	1.00
   Bitpanda	USDC (USDC)	1.00
   Uphold	USDC (USDC)	1.00
   EarnPark	USDC (USDC)	1.00
   Klink	USDC (USDC)	1.00
   Kraken	USDC (USDC)	1.00

   See all 28 prices

2. 2. Select a USDC Lender

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

   Platform	Coin	Interest rate
   Nexo	USDC (USDC)	Up to 14.00 APY
   YouHodler	USDC (USDC)	Up to 20.00 APY
   EarnPark	USDC (USDC)	Up to 7.00 APY
   Syrup	USDC (USDC)	Up to 9.42 APY
   Nebeus	USDC (USDC)	Up to 10.50 APY
   Neverless	USDC (USDC)	Up to 14.00 APY

   See all 24 lending rates

3. 3. Lend Your USDC

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