Where and How to Earn Nervos Network (CKB)

Introduction

Lending Nervos Network can be an excellent choice for those looking to hold CKB 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 Nervos Network (CKB) Tokens

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

   Platform	Coin	Price
   PrimeXBT	Nervos Network (CKB)	0
   Binance	Nervos Network (CKB)	0
   BingX	Nervos Network (CKB)	0
   Bitget	Nervos Network (CKB)	0
   Bitmart	Nervos Network (CKB)	0
   Bitpanda	Nervos Network (CKB)	0.02

   See all 34 prices

2. 2. Choose a Nervos Network Lender

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

   Platform	Coin	Interest rate
   Bitget	Nervos Network (CKB)	Up to 0.6% APY
   Kucoin	Nervos Network (CKB)	Up to 0.5% APY

3. 3. Earn Nervos Network

   Once you've selected a platform to earn your Nervos Network, transfer your Nervos 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.