Introduction
Lending Ronin can be a great option for those who want to hold RON 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 Ronin (RON) Tokens
In order to lend Ronin, you need to have it. To obtain Ronin, you'll need to purchase it. You can choose from these popular exchanges.
See all 34 pricesPlatform Coin Price Binance Ronin (RON) 0.38 Coinbase Ronin (RON) 0.38 OKX Ronin (RON) 0.79 Uphold Ronin (RON) 0.6 Bake Ronin (RON) 0.38 BingX Ronin (RON) 0.38 2. Choose a Ronin Lender
Once you have RON, you'll need to choose a Ronin lending platform to lend your tokens. You can see some options here.
3. Earn Ronin
Once you've chosen a platform to earning your Ronin, transfer your Ronin into your wallet in the earning 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 earning platform pays compounding interest to maximise your returns.
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.
Latest Movements
- Market cap
- $689.46M
- 24h volume
- $16.58M
- Circulating supply
- 375.56M RON
Frequently Asked Questions About Lending Ronin (RON)
- What are the current lending rates for Ronin (RON)?
- The current lending rates for Ronin (RON) include a total of one available rate. This rate averages 0%, reflecting limited lending options at this time. The best lending rate currently offered is on Finblox. Users interested in lending RON should regularly check for updates, as rates can fluctuate based on market conditions and demand. For real-time information, consider using Bitcompare's features for comprehensive comparisons and alerts.