Best Bitcoin Lending Platforms of February 2024
Recently, there has been a significant rise in the number of Bitcoin lending platforms. These platforms have become popular because they allow Bitcoin enthusiasts to use their assets to borrow Bitcoin or other crypto assets without having to sell their Bitcoin.
But what are the best Bitcoin lending platforms out there? And what factors, if any, should one consider before choosing a Bitcoin lending platform? This article will address these questions in depth. You can then decide which of the Bitcoin lending platforms best suits you.
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Also Consider: Best Crypto Lending Platforms
Best Bitcoin Lending Platform Summary
Nexo: The best overall Bitcoin lending platform
YouHodler: The most diverse Bitcoin lending platform
CoinLoan: The best Bitcoin lending platform with low-interest rates
BlockFi: The best Bitcoin lending platform for crypto beginners
- Nexo
Bitcoin (BTC)
7% APY
Intro offer
Invite friends and earn up to $1,000, paid out in Bitcoin
Insurance
775,000,000 USD for theft, hacking, loss of keys and more
Worth noting
Earn 2% more when opting to earn interest in NEXO tokens
- CoinLoan
Bitcoin (BTC)
5.2–7.2% APY
Intro offer
No current offers
Insurance
$100M insurance included
Worth noting
Earn higher interest and pay lower fees when staking their CLT token
- YouHodler
Bitcoin (BTC)
3.05% APY
- Ledn
Bitcoin (BTC)
6% APY
- Binance
Bitcoin (BTC)
5% APY
- BlockFi
Bitcoin (BTC)
3.5% APY