Where and How to Lend BNB (BNB)

Introduction

Lending BNB 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 Guide

1. 1. Obtain BNB (BNB) Tokens

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

   Platform	Coin	Price
   Nexo	BNB (BNB)	665.86
   PrimeXBT	BNB (BNB)	663.99
   M2	BNB (BNB)	664.13
   Uphold	BNB (BNB)	663.54
   EarnPark	BNB (BNB)	667.05
   Klink	BNB (BNB)	664.57

   See all 33 prices

2. 2. Choose a BNB Lender

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

   Platform	Coin	Interest rate
   Nexo	BNB (BNB)	Up to 8 APY
   YouHodler	BNB (BNB)	Up to 12 APY
   EarnPark	BNB (BNB)	Up to 9 APY
   Bitget	BNB (BNB)	Up to 0.5 APY
   Kucoin	BNB (BNB)	Up to 8 APY

   See all 8 lending rates

3. 3. Lend Your BNB

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