Where and How to Lend Berachain BERA (BERA)

Introduction

Lending Berachain BERA can be a great option for those who want to hold BERA 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 Guide

1. 1. Obtain Berachain BERA (BERA) Tokens

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

   Platform	Coin	Price
   Kraken	Berachain BERA (BERA)	7.91
   Binance	Berachain BERA (BERA)	7.96
   Bybit	Berachain BERA (BERA)	7.95
   CoinW	Berachain BERA (BERA)	7.93
   Crypto.com	Berachain BERA (BERA)	8.03

   See all 8 prices

2. 2. Choose a Berachain BERA Lender

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

   Platform	Coin	Interest rate
   Kucoin	Berachain BERA (BERA)	Up to 4 APY

3. 3. Lend Your Berachain BERA

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