Where and How to Lend 1inch (1INCH)

Introduction

Lending 1inch can be a great option for those who want to hold 1INCH 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. 1. Obtain 1inch (1INCH) Tokens

   In order to lend 1inch, you need to have it. To obtain 1inch, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	1inch (1INCH)	0.4
   PrimeXBT	1inch (1INCH)	0.39
   Uphold	1inch (1INCH)	0.4
   Kraken	1inch (1INCH)	0.4
   OKX	1inch (1INCH)	0.4
   YouHodler	1inch (1INCH)	0.39

   See all 31 prices

2. 2. Choose a 1inch Lender

   Once you have 1INCH, you’ll need to choose a 1inch lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   YouHodler	1inch (1INCH)	Up to 12 APY
   Nebeus	1inch (1INCH)	Up to 10.5 APY
   Aave	1inch (1INCH)	Up to 0.09 APY

   See all 5 lending rates

3. 3. Lend Your 1inch

   Once you’ve chosen a platform to lending your 1inch, transfer your 1inch 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. 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.

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.