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

Introduction

Lending Binance-Peg SHIB can be a great option for those who want to hold SHIB 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 SHIB (SHIB) tokens

To lend Binance-Peg SHIB, you need to possess it. To acquire Binance-Peg SHIB, you'll need to buy it. You can select from these popular exchanges.

Platform	Coin	Cost
Coinbase	Binance-Peg SHIB (SHIB)	0.00000845
Bitvavo	Binance-Peg SHIB (SHIB)	0.00001344
CoinEx	Binance-Peg SHIB (SHIB)	0.000008455
Hotcoin	Binance-Peg SHIB (SHIB)	0.00000847
MEXC Global	Binance-Peg SHIB (SHIB)	0.000008442

See all 10 prices

2. Choose a Binance-Peg SHIB lender
Once you have SHIB, you'll need to choose a Binance-Peg SHIB lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
MEXC Global Binance-Peg SHIB (SHIB) Up to 0.4% p.a.
3. Earn Binance-Peg SHIB
Once you've chosen a platform to earn your Binance-Peg SHIB, transfer your Binance-Peg SHIB 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	Interest rate
MEXC Global	Binance-Peg SHIB (SHIB)	Up to 0.4% 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.