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Introduction

Lending ApeCoin is an excellent choice for those looking to hold APE while earning yield. The process may seem intimidating, especially for first-timers. That's why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire ApeCoin (APE) Tokens

   To lend ApeCoin, you must first possess it. To acquire ApeCoin, you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   Nexo	ApeCoin (APE)	0.2
   PrimeXBT	ApeCoin (APE)	0.2
   Uphold	ApeCoin (APE)	0.7
   Bake	ApeCoin (APE)	0.2
   BingX	ApeCoin (APE)	0.2
   Bitfinex	ApeCoin (APE)	0.2

   View all 36 prices

2. 2. Select a ApeCoin Lender

   Once you have APE, you'll need to select a ApeCoin lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Nexo	ApeCoin (APE)	Earn up to 9% APY
   Bitget	ApeCoin (APE)	Earn up to 12% APY
   Blockchain.com	ApeCoin (APE)	Earn up to 1% APY
   Gemini	ApeCoin (APE)	Earn up to 0.01% APY

   View all 6 loan rates

3. 3. Earn ApeCoin

   After selecting a platform to earn your ApeCoin, transfer your ApeCoin to your wallet on that platform. Once deposited, it will begin accruing interest. Some platforms offer daily interest payments, while others may pay weekly or monthly.

4. 4. Accumulate Interest

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximize your returns.

Key Considerations

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before making any deposits. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the security measures they have in place for your assets.