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Introduction

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

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

   Platform	Coin	Cost
   Nexo	Ondo (ONDO)	0.4
   PrimeXBT	Ondo (ONDO)	0.4
   YouHodler	Ondo (ONDO)	0.4
   Binance	Ondo (ONDO)	0.4
   Coinbase	Ondo (ONDO)	0.4
   Kraken	Ondo (ONDO)	0.4

   View all 54 prices

2. 2. Select a Ondo Lender

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

   Platform	Coin	Interest rate
   YouHodler	Ondo (ONDO)	Earn up to 30% APY
   Bitget	Ondo (ONDO)	Earn up to 1% APY
   Kucoin	Ondo (ONDO)	Earn up to 0.29% APY

   View all 5 loan rates

3. 3. Earn Ondo

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