Where & how to lend Hedera (HBAR)

Introduction

Lending Hedera can be a great option for those who want to hold HBAR but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-step

1. 1. Obtain Hedera (HBAR) tokens

   In order to lend Hedera, you need to have it. To obtain Hedera, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	Hedera (HBAR)	$0.0517
   Uphold	Hedera (HBAR)	$0.0553
   Wirex	Hedera (HBAR)	$0.1125
   OKX	Hedera (HBAR)	$0.0513
   Binance	Hedera (HBAR)	$0.0513
   Coinbase	Hedera (HBAR)	$0.0513

   See all 15 prices

2. 2. Choose a Hedera lender

   Once you have HBAR, you’ll need to choose a Hedera lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Hedera (HBAR)	Up to 0.3632% APY
   OKX	Hedera (HBAR)	Up to 1% APY

3. 3. Lend your Hedera

   Once you’ve chosen a platform to lending your Hedera, transfer your Hedera into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

4. 4. Earn interest

   Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.