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Where and How to Lend Chainlink (LINK)

Earn up to
7.00 APY

Lend with Nexo

What you'll learn

  1. 1

    How to Lend Chainlink (LINK)

    An in-depth guide on how to lend Chainlink (LINK)

  2. 2

    Statistics about Chainlink Lending

    We have a lot of data on lending Chainlink (LINK) 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 Chainlink can be a great option for those who want to hold LINK 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 Chainlink (LINK) Tokens

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

  2. 2. Choose a Chainlink Lender

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

    PlatformCoinInterest rate
    NexoChainlink (LINK)Up to 7.00 APY
    KucoinChainlink (LINK)Up to 0.14 APY
    AaveChainlink (LINK)Up to 0.03 APY
    See all 10 lending rates
  3. 3. Lend Your Chainlink

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

Chainlink (LINK) is currently priced at $1.00 with a 24-hour trading volume of $438.45M. The market cap of Chainlink stands at $7.38B, with $626.85M LINK in circulation. For those looking to buy or trade Chainlink, Nexo offers avenues to do so securely and efficiently}

Market cap
$7.38B
24h volume
$438.45M
Circulating supply
$626.85M
See latest information
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