Where and How to Lend iExec RLC (RLC)

Introduction

Lending iExec RLC can be a great option for those who want to hold RLC 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 iExec RLC (RLC) Tokens

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

   Platform	Coin	Price
   Bitpanda	iExec RLC (RLC)	1.46
   Kraken	iExec RLC (RLC)	1.44
   Binance	iExec RLC (RLC)	1.43
   Coinbase	iExec RLC (RLC)	1.46
   Bitmart	iExec RLC (RLC)	1.46
   MEXC Global	iExec RLC (RLC)	1.46

   See all 13 prices

2. 2. Choose a iExec RLC Lender

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

   Platform	Coin	Interest rate
   Kucoin	iExec RLC (RLC)	Up to 0.50 APY

3. 3. Lend Your iExec RLC

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