How to Lend NEAR Protocol (NEAR) in Vietnam

Introduction

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

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

   Platform	Coin	Cost
   Nexo	NEAR Protocol (NEAR)	1.56
   PrimeXBT	NEAR Protocol (NEAR)	1.56
   YouHodler	NEAR Protocol (NEAR)	1.56
   Binance	NEAR Protocol (NEAR)	1.56
   BTSE	NEAR Protocol (NEAR)	1.56

   View all 59 prices

2. 2. Select a NEAR Protocol Lender

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

   Platform	Coin	Interest rate
   Nexo	NEAR Protocol (NEAR)	Earn up to 10% APY
   YouHodler	NEAR Protocol (NEAR)	Earn up to 16% APY
   Bitget	NEAR Protocol (NEAR)	Earn up to 4.2% APY
   Blockchain.com	NEAR Protocol (NEAR)	Earn up to 6.5% APY
   Coinbase	NEAR Protocol (NEAR)	Earn up to 9.19% APY

   View all 12 loan rates

3. 3. Lend Your NEAR Protocol

   After selecting a platform to lend your NEAR Protocol, transfer your NEAR Protocol 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.