Where and How to Lend Ether.fi (ETHFI)

Introduction

Lending Ether.fi can be a great option for those who want to hold ETHFI 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 Ether.fi (ETHFI) Tokens

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

   Platform	Coin	Price
   Nexo	Ether.fi (ETHFI)	1.47
   Bitpanda	Ether.fi (ETHFI)	1.59
   Kraken	Ether.fi (ETHFI)	1.58
   OKX	Ether.fi (ETHFI)	1.57
   Binance	Ether.fi (ETHFI)	1.58
   Coinbase	Ether.fi (ETHFI)	2.35

   See all 22 prices

2. 2. Choose a Ether.fi Lender

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

   Platform	Coin	Interest rate
   Bitget	Ether.fi (ETHFI)	Up to 1.00 APY
   Kucoin	Ether.fi (ETHFI)	Up to 0.50 APY

3. 3. Lend Your Ether.fi

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