Where & how to lend Threshold Network (T)

Introduction

Lending Threshold Network can be a great option for those who want to hold T 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 Threshold Network (T) tokens

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

   Platform	Coin	Price
   Kraken	Threshold Network (T)	$0.023
   OKX	Threshold Network (T)	$0.0231
   Binance	Threshold Network (T)	$0.0214
   Coinbase	Threshold Network (T)	$0.0231
   BTSE	Threshold Network (T)	$0.0226
   Bitmart	Threshold Network (T)	$0.0232

   See all 12 prices

2. 2. Choose a Threshold Network lender

   Once you have T, you’ll need to choose a Threshold Network lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Threshold Network (T)	Up to 0.5% APY
   OKX	Threshold Network (T)	Up to 1% APY

3. 3. Lend your Threshold Network

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