How to Earn Binance-Peg IoTeX (IOTX): A Comprehensive Guide for Australians

Introduction

Lending Binance-Peg IoTeX can be a great option for those who want to hold IOTX while earning yield. The steps may seem a bit daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. Obtain Binance-Peg IoTeX (IOTX) tokens
To lend Binance-Peg IoTeX, you need to possess it. To acquire Binance-Peg IoTeX, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Azbit Binance-Peg IoTeX (IOTX) 0.01
FMFW.io Binance-Peg IoTeX (IOTX) 0.01
Kucoin Binance-Peg IoTeX (IOTX) 0.01
See all 4 prices
2. Choose a Binance-Peg IoTeX lender
Once you have IOTX, you'll need to choose a Binance-Peg IoTeX lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Kucoin Binance-Peg IoTeX (IOTX) Up to 100% p.a.
3. Earn Binance-Peg IoTeX
Once you've chosen a platform to earn your Binance-Peg IoTeX, transfer your Binance-Peg IoTeX into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
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. Ensure your earning platform pays compounding interest to maximise your returns.

Platform	Coin	Cost
Azbit	Binance-Peg IoTeX (IOTX)	0.01
FMFW.io	Binance-Peg IoTeX (IOTX)	0.01
Kucoin	Binance-Peg IoTeX (IOTX)	0.01

Platform	Coin	Interest rate
Kucoin	Binance-Peg IoTeX (IOTX)	Up to 100% p.a.

What to Be Aware Of

Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're prepared to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.