missing en-vn translation: how-to.verb.earn.hero.heading

Introduction

Lending Ethereum Name Service is an excellent choice for those looking to hold ENS 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 Ethereum Name Service (ENS) Tokens

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

   Platform	Coin	Cost
   PrimeXBT	Ethereum Name Service (ENS)	9.58
   Binance	Ethereum Name Service (ENS)	9.58
   BTSE	Ethereum Name Service (ENS)	9.58
   Coinbase	Ethereum Name Service (ENS)	9.59
   Kraken	Ethereum Name Service (ENS)	9.58
   OKX	Ethereum Name Service (ENS)	24.74

   View all 62 prices

2. 2. Select a Ethereum Name Service Lender

   Once you have ENS, you'll need to select a Ethereum Name Service lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Aave	Ethereum Name Service (ENS)	Earn up to 0.02% APY
   Kucoin	Ethereum Name Service (ENS)	Earn up to 0.5% APY

   View all 4 loan rates

3. 3. Earn Ethereum Name Service

   After selecting a platform to earn your Ethereum Name Service, transfer your Ethereum Name Service 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.