Where & how to lend Render (RNDR)

Introduction

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

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

   Platform	Coin	Price
   Nexo	Render (RNDR)	$5.16
   Bitpanda	Render (RNDR)	$5.16
   Uphold	Render (RNDR)	$5.05
   Kraken	Render (RNDR)	$5.16
   OKX	Render (RNDR)	$5.17
   Binance	Render (RNDR)	$5.08

   See all 19 prices

2. 2. Choose a Render lender

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

   Platform	Coin	Interest rate
   Kucoin	Render (RNDR)	Up to 0.0114% APY
   Bitget	Render (RNDR)	Up to 1.3% APY
   OKX	Render (RNDR)	Up to 1% APY

   See all 4 lending rates

3. 3. Lend your Render

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