Where and How to Lend Celer Network (CELR)

Introduction

Lending Celer Network can be a great option for those who want to hold CELR 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 Celer Network (CELR) Tokens

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

   Platform	Coin	Price
   Bitpanda	Celer Network (CELR)	0.02
   Uphold	Celer Network (CELR)	0.02
   Kraken	Celer Network (CELR)	0.02
   OKX	Celer Network (CELR)	0.02
   Binance	Celer Network (CELR)	0.02
   Coinbase	Celer Network (CELR)	0.02

   See all 17 prices

2. 2. Choose a Celer Network Lender

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

   Platform	Coin	Interest rate
   Kucoin	Celer Network (CELR)	Up to 0.5 APY
   OKX	Celer Network (CELR)	Up to 1 APY

3. 3. Lend Your Celer Network

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