Introduction
Lending BounceBit can be a great option for those who want to hold BB but earn yield. The steps can be 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. Acquire BounceBit (BB) Tokens
To lend BounceBit, you'll need to have it. To get BounceBit, you'll need to buy it. You can choose from these popular exchanges.
See all 8 pricesPlatform Coin Price Uphold BounceBit (BB) 0.12 Currency.com BounceBit (BB) 4.6 Kucoin BounceBit (BB) 0.1 Phemex BounceBit (BB) 0.1 2. Choose a BounceBit Lender
Once you have BB, you'll need to choose a BounceBit lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin BounceBit (BB) Up to 0.5% APY 3. Earn BounceBit
Once you've chosen a platform for earning your BounceBit, transfer your BounceBit into your wallet on the earning platform. Once it's deposited, it'll start earning interest. Some platforms pay interest daily, while others offer it 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. Try to make sure your earning platform pays compounding interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
BounceBit (BB) is currently priced at USD 0.5 with a 24-hour trading volume of USD 48.39M. The market cap of BounceBit stands at USD 144.09M, with 409.5M BB in circulation. For those looking to buy or trade BounceBit, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 144.09M
- 24h volume
- USD 48.39M
- Circulating supply
- 409.5M BB