How to Earn Chainlink (LINK): A Comprehensive Guide

Introduction

Lending Chainlink can be an excellent choice for those looking to hold LINK 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. Acquire Chainlink (LINK) Tokens
To lend Chainlink, you must first acquire it. To obtain Chainlink, you'll need to purchase it. You can select from these popular exchanges available in Nigeria.
Platform Coin Price
Nexo Chainlink (LINK) 13.26
PrimeXBT Chainlink (LINK) 13.22
YouHodler Chainlink (LINK) 13.21
Binance Chainlink (LINK) 13.23
BTSE Chainlink (LINK) 13.23
See all 73 prices
2. Choose a Chainlink Lender
Once you have LINK, you'll need to select a Chainlink lending platform to lend your tokens. You can explore some options here.
Platform Coin Interest rate
Nexo Chainlink (LINK) Up to 7% APY
EarnPark Chainlink (LINK) Up to 5% APY
YouHodler Chainlink (LINK) Up to 12% APY
Aave Chainlink (LINK) Up to 0.03% APY
See all 19 lending rates
3. Earn Chainlink
Once you've selected a platform to earn your Chainlink, transfer your Chainlink 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. 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.

Platform	Coin	Price
Nexo	Chainlink (LINK)	13.26
PrimeXBT	Chainlink (LINK)	13.22
YouHodler	Chainlink (LINK)	13.21
Binance	Chainlink (LINK)	13.23
BTSE	Chainlink (LINK)	13.23

Platform	Coin	Interest rate
Nexo	Chainlink (LINK)	Up to 7% APY
EarnPark	Chainlink (LINK)	Up to 5% APY
YouHodler	Chainlink (LINK)	Up to 12% APY
Aave	Chainlink (LINK)	Up to 0.03% APY

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.

Latest Movements

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Market cap: US$12.56B
24h volume: US$867.93M
Circulating supply: 631.1M LINK

See latest information

Frequently Asked Questions About Lending Chainlink (LINK)

What are the current lending rates for Chainlink (LINK)?: The lending rates for Chainlink (LINK) vary across different platforms. Currently, there are a total of 13 lending rates available, with the best rate being offered on YouHodler. It is important to regularly check these rates, as they can fluctuate based on market conditions. For the latest information on lending rates, consider using platforms like Bitcompare to facilitate your comparisons and ensure you are getting the best deal available.

Chainlink LINK News

January 15, 2026CME Expands US Crypto Futures Lineup with New Altcoin Contracts

CME Group plans to add futures tied to Cardano, Chainlink and Stellar, building on its existing US-regulated crypto derivatives for Bitcoin, Ether, XRP and Solana.