Beware of phishing attacks, Ledger will never ask for the 24 words of your recovery phrase. Never share them. Learn more
Lend crypto to passively make money from assets that you’re not currently using.
As a lender, you can gain money through interest on your crypto – perfect for earning passive income on assets you’re hodling. You can also participate in lending economies as a borrower. This lets you take out a leverage position on your crypto holdings or gain short-term liquidity.
Access compound lending services directly through Ledger Live.* When lending, you deposit your tokens into a compound smart contract in exchange for cTokens. These represent your claim to the assets and interest.
* not available for borrowing
Totally secure
Your hardware wallet secures your cTokens. So no one can claim your assets while lending them.
You're in control
As well as lending crypto, you can buy, exchange and grow your assets with Ledger Live. All in one app.
1,800+ assets supported
Secure and manage over 1,800 coins and tokens with your Ledger wallet. Including Bitcoin, Ethereum, XRP and more.
Step 1/3
On Ledger Live, go to the Manager and install the app of the coin you want to lend. For ERC20 tokens, you’ll need to install the ETH app on your Ledger wallet. Then create an account.
Step 2/3
Enable your account to allow the Compound protocol to start lending. By doing this, you authorise Compound’s smart contract to interact with your account. You’ll need to verify this on your Ledger wallet.
Step 3/3
Select the amount of assets you want to lend and issue a transaction to the Compound protocol. You’ll need to verify and approve this transaction on your wallet.
All done – you’re now lending crypto. You can withdraw your lent assets and interest payments directly from Ledger Live, whenever you like. Enjoy!
When you own crypto, what you really own is a private key that gives you access to your coins. You need to keep this key completely safe – just like you would with your bank card or cash. When you keep and lend your crypto online, on an exchange for instance, you are not in control of this key, the exchange is.
A crypto wallet helps you protect and control your private key. Ledger hardware wallet,combined with our Ledger Live app are the best way to own and secure crypto. They’re the only crypto wallets that securely store your crypto offline – safe from hackers.
Secure, manage and grow your crypto assets with our partners. It’s easy with your Ledger wallet and Ledger Live.
