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Where & how to lend Binance Coin (BNB)

Earn up to
8% APY

Lend with Nexo

What you'll learn

  1. 1

    How to lend Binance Coin (BNB)

    An in-depth guide on how to lend Binance Coin (BNB)

  2. 2

    Statistics about Binance Coin lending

    We have a lot of data on lending Binance Coin (BNB) and we share some of this with you.

  3. 3

    Other coins you can lend

    We show you some lending options with other coins that could be of interest.

Introduction

Lending Binance Coin can be a great option for those who want to hold BNB 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 Binance Coin (BNB) tokens

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

  2. 2. Choose a Binance Coin lender

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

  3. 3. Lend your Binance Coin

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

Latest movements

Binance Coin (BNB) is currently priced at $2.8 with a 24-hour trading volume of $754.93M. The market cap of Binance Coin stands at 85.35B, with $145.89M BNB in circulation. For those looking to buy or trade Binance Coin, Nexo offers avenues to do so securely and efficiently.

Market cap
$85.35B
24h Volume
$754.93M
Circulating supply
$145.89M
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