How to Lend Ethereum (ETH) in Vietnam

Introduction

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

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

   Platform	Coin	Cost
   Nexo	Ethereum (ETH)	3,121.66
   PrimeXBT	Ethereum (ETH)	3,118.81
   EarnPark	Ethereum (ETH)	3,108.75
   YouHodler	Ethereum (ETH)	3,116.31
   Binance	Ethereum (ETH)	3,120.77
   BTSE	Ethereum (ETH)	3,118.73

   View all 82 prices

2. 2. Select a Ethereum Lender

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

   Platform	Coin	Interest rate
   Nexo	Ethereum (ETH)	Earn up to 8% APY
   Nebeus	Ethereum (ETH)	Earn up to 4.5% APY
   EarnPark	Ethereum (ETH)	Earn up to 5% APY
   YouHodler	Ethereum (ETH)	Earn up to 12% APY
   Aave	Ethereum (ETH)	Earn up to 0.42% APY
   AQRU	Ethereum (ETH)	Earn up to 3% APY

   View all 30 loan rates

3. 3. Lend Your Ethereum

   After selecting a platform to lend your Ethereum, transfer your Ethereum 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.