Where and How to Earn Ribbon Finance (RBN)

Introduction

Lending Ribbon Finance can be an excellent choice for those looking to hold RBN 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 Ribbon Finance (RBN) Tokens

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

   Platform	Coin	Price
   Coinbase	Ribbon Finance (RBN)	0.08
   BingX	Ribbon Finance (RBN)	0.45
   Bitget	Ribbon Finance (RBN)	0.37
   Gate.io	Ribbon Finance (RBN)	0

   See all 6 prices

2. 2. Choose a Ribbon Finance Lender

   Once you have RBN, you'll need to select a Ribbon Finance lending platform to lend your tokens. You can explore some options here.

   Platform	Coin	Interest rate
   Gemini	Ribbon Finance (RBN)	Up to 0.01% APY

3. 3. Earn Ribbon Finance

   Once you've selected a platform to earn your Ribbon Finance, transfer your Ribbon Finance 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.