Where and How to Lend PAX Gold (PAXG)

Introduction

Lending PAX Gold can be a great option for those who want to hold PAXG 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. 1. Get PAX Gold (PAXG) Tokens

   To lend PAX Gold, you need to have it. To get PAX Gold, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Loonies	Price
   Nexo	PAX Gold (PAXG)	2,930
   Uphold	PAX Gold (PAXG)	2,928.3
   Kraken	PAX Gold (PAXG)	2,929.91
   YouHodler	PAX Gold (PAXG)	2,928.71
   Binance	PAX Gold (PAXG)	2,929
   MEXC Global	PAX Gold (PAXG)	2,933.47

   See all 40 prices

2. 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 see some options here.

   Platform	Loonies	Interest rate
   Nexo	PAX Gold (PAXG)	Up to 7 annual percentage yield
   YouHodler	PAX Gold (PAXG)	Up to 12 annual percentage yield
   Kucoin	PAX Gold (PAXG)	Up to 0.5 annual percentage yield

   See all 7 lending rates

3. 3. Lend Your PAX Gold

   Once you’ve chosen a platform for lending 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 pay weekly or monthly.

4. 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 lending platform pays compounding interest to maximize your returns.

What to be Aware of

Loaning 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 out their lending practices, reviews, and how they secure your cryptocurrency.