Where & how to lend Proton (XPR)

Introduction

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

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

   Platform	Coin	Price
   OKX	Proton (XPR)	$0.0008
   Bitmart	Proton (XPR)	$0.0011
   BingX	Proton (XPR)	$0.0009
   MEXC Global	Proton (XPR)	$0.0009
   Kucoin	Proton (XPR)	$0.0009
   Bitget	Proton (XPR)	$0.0009

   See all 6 prices

2. 2. Choose a Proton lender

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

   Platform	Coin	Interest rate
   Kucoin	Proton (XPR)	Up to 0.5% APY

3. 3. Lend your Proton

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