Introduction
Lending Biconomy can be a great option for those who want to hold BICO but earn yield. The steps can be a little 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 Biconomy (BICO) Tokens
To lend Biconomy, you need to have it. To get Biconomy, you'll have to buy it. You can choose from these popular exchanges.
See all 44 pricesPlatform Loonies Price Uphold Biconomy (BICO) 0.11 Kraken Biconomy (BICO) 0.08 OKX Biconomy (BICO) 0.13 Binance Biconomy (BICO) 0.08 Coinbase Biconomy (BICO) 0.08 MEXC Global Biconomy (BICO) 0.08 2. Choose a Biconomy Lender
Once you have BICO, you'll need to choose a Biconomy lending platform to lend your tokens. You can check out some options here.
Platform Loonies Interest rate Kucoin Biconomy (BICO) Up to 0.5% annual percentage yield 3. Earn Biconomy
Once you've chosen a platform to earn your Biconomy, transfer your Biconomy into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others pay 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 maximize 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
Biconomy (BICO) is currently priced at US$0.5 with a 24-hour trading volume of US$11.24M. The market cap of Biconomy is currently at US$251.34M, with 919.69M BICO in circulation. For those interested in buying or trading Biconomy, Kucoin offers ways to do so securely and efficiently
- Market capitalization
- US$251.34M
- 24h volume
- US$11.24M
- Circulating supply
- 919.69M BICO