Where & how to lend IOStoken (IOST)

Introduction

Lending IOStoken can be a great option for those who want to hold IOST 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 IOStoken (IOST) tokens

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

   Platform	Coin	Price
   Bitpanda	IOStoken (IOST)	$0.005
   Wirex	IOStoken (IOST)	$0.0058
   EarnPark	IOStoken (IOST)	$0.005
   OKX	IOStoken (IOST)	$0.005
   Binance	IOStoken (IOST)	$0.005
   BingX	IOStoken (IOST)	$0.005

   See all 11 prices

2. 2. Choose a IOStoken lender

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

   Platform	Coin	Interest rate
   EarnPark	IOStoken (IOST)	Up to 10% APY
   Kucoin	IOStoken (IOST)	Up to 0.5% APY
   OKX	IOStoken (IOST)	Up to 1% APY

3. 3. Lend your IOStoken

   Once you’ve chosen a platform to lending your IOStoken, transfer your IOStoken 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.