Introduction
Lending Bitcoin can be a great option for those who want to hold BTC 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 Bitcoin (BTC) Tokens
To lend Bitcoin, you need to possess it. To acquire Bitcoin, you'll need to buy it. You can select from these popular exchanges.
See all 80 pricesPlatform Coin Cost Nexo Bitcoin (BTC) 91,070.67 PrimeXBT Bitcoin (BTC) 91,087.3 EarnPark Bitcoin (BTC) 90,639.62 YouHodler Bitcoin (BTC) 91,142.79 Binance Bitcoin (BTC) 91,142.79 BTSE Bitcoin (BTC) 91,076 2. Choose a Bitcoin lender
Once you have BTC, you'll need to choose a Bitcoin lending platform to lend your tokens. You can find some options here.
See all 26 lending ratesPlatform Coin Interest rate Nexo Bitcoin (BTC) Up to 7% p.a. Nebeus Bitcoin (BTC) Up to 4.5% p.a. EarnPark Bitcoin (BTC) Up to 15% p.a. YouHodler Bitcoin (BTC) Up to 12% p.a. Neverless Bitcoin (BTC) Up to 7.25% p.a. 3. Lend Your Bitcoin
Once you've chosen a platform to lend your Bitcoin, transfer your Bitcoin into your wallet on the lending 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 lending platform pays compounding interest to maximise your returns.
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 willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Bitcoin (BTC) is currently priced at USD 7 with a 24-hour trading volume of USD 1,281.91. The market cap of Bitcoin stands at USD 1.06M, with 2.46M BTC in circulation. For those looking to buy or trade Bitcoin, Nexo offers avenues to do so securely and efficiently
- Market capitalisation
- USD 1.06M
- 24-hour volume
- USD 1,281.91
- Circulating supply
- 2.46M BTC



