Where & how to lend TRON (TRX)

Introduction

Lending TRON can be a great option for those who want to hold TRX 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 TRON (TRX) tokens

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

   Platform	Coin	Price
   Bitpanda	TRON (TRX)	$0.1555
   M2	TRON (TRX)	$0.1551
   Uphold	TRON (TRX)	$0.1589
   YouHodler	TRON (TRX)	$0.1551
   Wirex	TRON (TRX)	$0.156
   EarnPark	TRON (TRX)	$0.1551

   See all 21 prices

2. 2. Choose a TRON lender

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

   Platform	Coin	Interest rate
   Nexo	TRON (TRX)	Up to 11% APY
   M2	TRON (TRX)	Up to 6% APY
   YouHodler	TRON (TRX)	Up to 12% APY
   EarnPark	TRON (TRX)	Up to 9% APY
   MEXC Global	TRON (TRX)	Up to 4% APY

   See all 9 lending rates

3. 3. Lend your TRON

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