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Introduction

Lending Arbitrum is an excellent choice for those looking to hold ARB 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 Arbitrum (ARB) Tokens

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

   Platform	Coin	Cost
   Nexo	Arbitrum (ARB)	0.19
   EarnPark	Arbitrum (ARB)	0.19
   YouHodler	Arbitrum (ARB)	0.19
   Binance	Arbitrum (ARB)	0.19
   BTSE	Arbitrum (ARB)	0.19
   Coinbase	Arbitrum (ARB)	0.19

   View all 58 prices

2. 2. Select a Arbitrum Lender

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

   Platform	Coin	Interest rate
   Nexo	Arbitrum (ARB)	Earn up to 6% APY
   EarnPark	Arbitrum (ARB)	Earn up to 7% APY
   Aave	Arbitrum (ARB)	Earn up to 0.71% APY
   Bitget	Arbitrum (ARB)	Earn up to 0.16% APY

   View all 11 loan rates

3. 3. Earn Arbitrum

   After selecting a platform to earn your Arbitrum, transfer your Arbitrum 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.