How to Lend Numeraire (NMR): A Step-by-Step Guide

Introduction

Lending Numeraire can be a great option for those who want to hold NMR 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 Numeraire (NMR) Tokens
In order to lend Numeraire, you need to have it. To obtain Numeraire, you’ll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Binance Numeraire (NMR) 9.87
BTSE Numeraire (NMR) 9.85
Coinbase Numeraire (NMR) 9.88
Kraken Numeraire (NMR) 9.87
OKX Numeraire (NMR) 9.08
Uphold Numeraire (NMR) 8.2
See all 47 prices
2. Choose a Numeraire Lender
Once you have NMR, you’ll need to choose a Numeraire lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate
Kucoin Numeraire (NMR) Up to 0.5% APY
3. Lend Your Numeraire
Once you’ve chosen a platform to lending your Numeraire, transfer your Numeraire 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	Numeraire (NMR)	9.87
BTSE	Numeraire (NMR)	9.85
Coinbase	Numeraire (NMR)	9.88
Kraken	Numeraire (NMR)	9.87
OKX	Numeraire (NMR)	9.08
Uphold	Numeraire (NMR)	8.2

Platform	Coin	Interest rate
Kucoin	Numeraire (NMR)	Up to 0.5% 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.