Introduction
Lending tBTC can be a great option for those who want to hold TBTC 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 tBTC (TBTC) Tokens
To lend tBTC, you need to have it. To get tBTC, you'll have to buy it. You can choose from these popular exchanges.
Platform Loonies Price Kraken tBTC (TBTC) 93,893.7 Gate.io tBTC (TBTC) 0 2. Choose a tBTC Lender
Once you have TBTC, you'll need to choose a tBTC lending platform to lend your tokens. You can check out some options here.
3. Earn tBTC
Once you've chosen a platform to earn your tBTC, transfer your tBTC 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
- Market capitalization
- US$424.37M
- 24h volume
- US$8.86M
- Circulating supply
- 4,548.62 TBTC