Where & how to lend EOS (EOS)

Introduction

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

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

   Platform	Coin	Price
   Nexo	EOS (EOS)	$0.4823
   Bitpanda	EOS (EOS)	$0.4804
   Uphold	EOS (EOS)	$0.4799
   Wirex	EOS (EOS)	$0.4827
   EarnPark	EOS (EOS)	$0.4779
   Kraken	EOS (EOS)	$0.4787

   See all 19 prices

2. 2. Choose a EOS lender

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

   Platform	Coin	Interest rate
   Nexo	EOS (EOS)	Up to 8% APY
   EarnPark	EOS (EOS)	Up to 10% APY
   Nebeus	EOS (EOS)	Up to 10.5% APY
   Kucoin	EOS (EOS)	Up to 0.5% APY

   See all 6 lending rates

3. 3. Lend your EOS

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