How to Lend Toncoin (TON) in Vietnam

Introduction

Lending Toncoin is an excellent choice for those looking to hold TON 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 Toncoin (TON) Tokens

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

   Platform	Coin	Cost
   PrimeXBT	Toncoin (TON)	1.47
   EarnPark	Toncoin (TON)	1.47
   YouHodler	Toncoin (TON)	1.47
   Binance	Toncoin (TON)	1.47
   BTSE	Toncoin (TON)	1.47
   Coinbase	Toncoin (TON)	1.47

   View all 65 prices

2. 2. Select a Toncoin Lender

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

   Platform	Coin	Interest rate
   EarnPark	Toncoin (TON)	Earn up to 5% APY
   YouHodler	Toncoin (TON)	Earn up to 20% APY
   Blockchain.com	Toncoin (TON)	Earn up to 4% APY
   Coinbase	Toncoin (TON)	Earn up to 4.74% APY

   View all 12 loan rates

3. 3. Lend Your Toncoin

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