Lending NFTs

NFTDeal also features NFT lending, allowing owners to collateralize their NFTs and receive corresponding loan amounts. NFT lending is considered a promising trend in the NFT market, providing a solution to the liquidity issue of digital assets.

So how can you lend an NFT on NFTDeal?

- On the NFT selling screen, select the Lending option to open the NFT lending interface.

-Choose Collateralized or Collateral-Free, enter the price, collateral assets (if selecting the Collateralized option), and maximum borrowing duration.

Then click the " Post your lend".

- Perform the NFT approval process.

- After approving the NFT, click the "Lend" button to initiate the NFT lending process.

- Once the transaction is confirmed on the blockchain, you have successfully lented out your NFT.

- To view all the NFTs you have lented, click on "My Profile" and select the "Lending" tab.