How to Lend Ankr Network (ANKR): A Step-by-Step Guide

Introduction

Lending Ankr Network can be a great option for those who want to hold ANKR but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. Obtain Ankr Network (ANKR) Tokens
In order to lend Ankr Network, you need to have it. To obtain Ankr Network, you’ll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Binance Ankr Network (ANKR) 0.01
BTSE Ankr Network (ANKR) 0.01
Coinbase Ankr Network (ANKR) 0.01
Kraken Ankr Network (ANKR) 0.01
Uphold Ankr Network (ANKR) 0.02
Azbit Ankr Network (ANKR) 0.01
See all 46 prices
2. Choose a Ankr Network Lender
Once you have ANKR, you’ll need to choose a Ankr Network lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate
Gemini Ankr Network (ANKR) Up to 0.01% APY
Kucoin Ankr Network (ANKR) Up to 0.11% APY
See all 4 lending rates
3. Lend Your Ankr Network
Once you’ve chosen a platform to lending your Ankr Network, transfer your Ankr Network into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

Platform	Coin	Price
Binance	Ankr Network (ANKR)	0.01
BTSE	Ankr Network (ANKR)	0.01
Coinbase	Ankr Network (ANKR)	0.01
Kraken	Ankr Network (ANKR)	0.01
Uphold	Ankr Network (ANKR)	0.02
Azbit	Ankr Network (ANKR)	0.01

Platform	Coin	Interest rate
Gemini	Ankr Network (ANKR)	Up to 0.01% APY
Kucoin	Ankr Network (ANKR)	Up to 0.11% APY

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.