How to Lend PAX Gold (PAXG) in Australia: A Step-by-Step Guide

Introduction

Lending PAX Gold can be a great option for those who want to hold PAXG 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 PAX Gold (PAXG) Tokens
To lend PAX Gold, you need to possess it. To acquire PAX Gold, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Nexo PAX Gold (PAXG) 4,483.52
PrimeXBT PAX Gold (PAXG) 4,481.59
YouHodler PAX Gold (PAXG) 4,483.88
Binance PAX Gold (PAXG) 4,483.46
Coinbase PAX Gold (PAXG) 4,475.57
Kraken PAX Gold (PAXG) 4,480
See all 49 prices
2. Choose a PAX Gold lender
Once you have PAXG, you'll need to choose a PAX Gold lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Nexo PAX Gold (PAXG) Up to 7% p.a.
YouHodler PAX Gold (PAXG) Up to 12% p.a.
Gemini PAX Gold (PAXG) Up to 0.01% p.a.
Kucoin PAX Gold (PAXG) Up to 0.19% p.a.
See all 7 lending rates
3. Lend Your PAX Gold
Once you've chosen a platform to lend your PAX Gold, transfer your PAX Gold 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.

Platform	Coin	Cost
Nexo	PAX Gold (PAXG)	4,483.52
PrimeXBT	PAX Gold (PAXG)	4,481.59
YouHodler	PAX Gold (PAXG)	4,483.88
Binance	PAX Gold (PAXG)	4,483.46
Coinbase	PAX Gold (PAXG)	4,475.57
Kraken	PAX Gold (PAXG)	4,480

Platform	Coin	Interest rate
Nexo	PAX Gold (PAXG)	Up to 7% p.a.
YouHodler	PAX Gold (PAXG)	Up to 12% p.a.
Gemini	PAX Gold (PAXG)	Up to 0.01% p.a.
Kucoin	PAX Gold (PAXG)	Up to 0.19% 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 willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.

Latest Movements

missing en-au translation: common.latest-movements-copy

Market capitalisation: USD 535.05M
24-hour volume: USD 14.25M
Circulating supply: 199,956.7 PAXG

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