Where and How to Lend IOST (IOST)

Introduction

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

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

   Platform	Coin	Price
   EarnPark	IOST (IOST)	0.01
   OKX	IOST (IOST)	0.01
   Binance	IOST (IOST)	0.01
   Bitmart	IOST (IOST)	0.01
   MEXC Global	IOST (IOST)	0.01
   Bitget	IOST (IOST)	0.01

   See all 19 prices

2. 2. Choose a IOST Lender

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

   Platform	Coin	Interest rate
   EarnPark	IOST (IOST)	Up to 10 APY
   Kucoin	IOST (IOST)	Up to 0.5 APY

3. 3. Lend Your IOST

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