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Introduction

Lending Celer Network can be an excellent choice for those looking to hold CELR while earning yield. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide to help you navigate through it smoothly.

Step-by-Step Guide

1. 1. Acquire Celer Network (CELR) Tokens

   To lend Celer Network, you must first acquire it. To obtain Celer Network, you'll need to purchase it. You can select from these popular exchanges available in Nigeria.

   Platform	Coin	Price
   Binance	Celer Network (CELR)	0
   BTSE	Celer Network (CELR)	0
   Coinbase	Celer Network (CELR)	0
   Kraken	Celer Network (CELR)	0
   OKX	Celer Network (CELR)	0.01
   Uphold	Celer Network (CELR)	0.01

   See all 39 prices

2. 2. Choose a Celer Network Lender

   Once you have CELR, you'll need to select a Celer Network lending platform to lend your tokens. You can explore some options here.

   Platform	Coin	Interest rate
   Kucoin	Celer Network (CELR)	Up to 0.5% APY

3. 3. Earn Celer Network

   Once you've selected a platform to earn your Celer Network, transfer your Celer Network into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is relax while your cryptocurrency earns interest. The more you deposit, the higher your potential earnings. Ensure that your earning platform offers compounding APY to maximize your returns.

What to be Aware of

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