Where and How to Lend Arbitrum (ARB)

Introduction

Lending Arbitrum can be a great option for those who want to hold ARB 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 Arbitrum (ARB) Tokens

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

   Platform	Coin	Price
   Nexo	Arbitrum (ARB)	0.54
   Bitpanda	Arbitrum (ARB)	0.53
   Uphold	Arbitrum (ARB)	0.54
   Klink	Arbitrum (ARB)	0.53
   Kraken	Arbitrum (ARB)	0.53
   OKX	Arbitrum (ARB)	0.54

   See all 19 prices

2. 2. Choose a Arbitrum Lender

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

   Platform	Coin	Interest rate
   Nexo	Arbitrum (ARB)	Up to 6.00 APY
   Kucoin	Arbitrum (ARB)	Up to 0.50 APY
   Aave	Arbitrum (ARB)	Up to 0.71 APY
   Klink	Arbitrum (ARB)	Up to 0.40 APY

   See all 6 lending rates

3. 3. Lend Your Arbitrum

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