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Where and How to Lend Cardano (ADA)

Earn up to
8.00 APY

Lend with Nexo

What you'll learn

  1. 1

    How to Lend Cardano (ADA)

    An in-depth guide on how to lend Cardano (ADA)

  2. 2

    Statistics about Cardano Lending

    We have a lot of data on lending Cardano (ADA) and we share some of this with you.

  3. 3

    Other coins you can Lend

    We show you some lending options with other coins that could be of interest.

Introduction

Lending Cardano can be a great option for those who want to hold ADA 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 Cardano (ADA) Tokens

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

  2. 2. Choose a Cardano Lender

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

    PlatformCoinInterest rate
    NexoCardano (ADA)Up to 8.00 APY
    KucoinCardano (ADA)Up to 0.50 APY
    See all 8 lending rates
  3. 3. Lend Your Cardano

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

Latest Movements

Cardano (ADA) is currently priced at $2.00 with a 24-hour trading volume of $329.82M. The market cap of Cardano stands at $12.37B, with $35.75B ADA in circulation. For those looking to buy or trade Cardano, Nexo offers avenues to do so securely and efficiently}

Market cap
$12.37B
24h volume
$329.82M
Circulating supply
$35.75B
See latest information
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