Earn up to
0.22% p.a.
A comprehensive guide on how to lend Wrapped BNB (WBNB)
We have a wealth of data on lending Wrapped BNB (WBNB) and we're happy to share some of this with you.
We present some lending options with other coins that may be of interest.
Wrapped BNB (WBNB) is currently priced at USD 0.22 with a 24-hour trading volume of USD 299.37M. The market cap of Wrapped BNB stands at USD 821.15M, with 1.19M WBNB in circulation. For those looking to buy or trade Wrapped BNB, Aave offers avenues to do so securely and efficiently
Lending Wrapped BNB can be a great option for those who want to hold WBNB 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.
To lend Wrapped BNB, you need to possess it. To acquire Wrapped BNB, you'll need to buy it. You can select from these popular exchanges.
Once you have WBNB, you'll need to choose a Wrapped BNB lending platform to lend your tokens. You can find some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Aave | Wrapped BNB (WBNB) | Up to 0.22% p.a. |
Once you've chosen a platform to lend your Wrapped BNB, transfer your Wrapped BNB 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.
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.
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.
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