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Introduction

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

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

   Platform	Coin	Cost
   Nexo	NEXO (NEXO)	0.91
   Binance	NEXO (NEXO)	0.91
   Azbit	NEXO (NEXO)	0.91
   Bitfinex	NEXO (NEXO)	0.92
   Bitget	NEXO (NEXO)	0.91
   Bitmart	NEXO (NEXO)	0.91

   View all 32 prices

2. 2. Select a NEXO Lender

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

   Platform	Coin	Interest rate
   Nexo	NEXO (NEXO)	Earn up to 12% APY

3. 3. Earn NEXO

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