How to Lend Chiliz (CHZ) in Vietnam

Introduction

Lending Chiliz is an excellent choice for those looking to hold CHZ while earning yield. The process may seem intimidating at first, which is why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire Chiliz (CHZ) Tokens

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

   Platform	Coin	Cost
   Nexo	Chiliz (CHZ)	0.04
   PrimeXBT	Chiliz (CHZ)	0.04
   Binance	Chiliz (CHZ)	0.04
   BTSE	Chiliz (CHZ)	0.04
   Coinbase	Chiliz (CHZ)	0.04
   Kraken	Chiliz (CHZ)	0.04

   View all 68 prices

2. 2. Select a Chiliz Lender

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

   Platform	Coin	Interest rate
   Blockchain.com	Chiliz (CHZ)	Earn up to 1% APY

   View all 6 loan rates

3. 3. Lend Your Chiliz

   After selecting a platform to lend your Chiliz, transfer your Chiliz into your wallet on that platform. Once deposited, it will begin to earn interest. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Grow Your Savings

   Now all you need to do is relax while your crypto accumulates interest. The more you deposit, the greater your potential earnings. Ensure that your lending platform offers compounding interest to maximize your returns.

Things to Consider

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing. Only lend what you can afford to lose. Review their lending practices, read user reviews, and understand how they secure your cryptocurrency.