Introduction

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

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

   Platform	Coin	Cost
   Binance	Streamr (DATA)	0.01
   BingX	Streamr (DATA)	0.01
   Bitmart	Streamr (DATA)	0.02
   Bitpanda	Streamr (DATA)	0.05
   Bybit	Streamr (DATA)	0.02
   CoinEx	Streamr (DATA)	0.01

   View all 22 prices

2. 2. Select a Streamr Lender

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

3. 3. Lend Your Streamr

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