Where and How to Earn Binance-Peg Filecoin (FIL)

简介

Lending Binance-Peg Filecoin for those who want to hold FIL, but also earn yield, can be a good choice. The steps might be a bit intimidating, especially the first time you try them. Therefore, we've prepared this guide for you.

Step-by-step Guide

1. 1. Obtain Binance-Peg Filecoin (FIL) Tokens

   To lend Binance-Peg Filecoin, you need to already own it. To get Binance-Peg Filecoin, you’ll need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Price
   Kraken	Binance-Peg Filecoin (FIL)	2.64
   Coinbase	Binance-Peg Filecoin (FIL)	2.64
   Azbit	Binance-Peg Filecoin (FIL)	2.63
   Bybit	Binance-Peg Filecoin (FIL)	2.64
   CoinEx	Binance-Peg Filecoin (FIL)	2.63
   CoinW	Binance-Peg Filecoin (FIL)	2.64

   See all 17 prices

2. 2. Choose a Binance-Peg Filecoin Lender

   Once you have FIL, you'll need to choose a Binance-Peg Filecoin lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Binance-Peg Filecoin (FIL)	Up to 0.5% APY

3. 3. Earn Binance-Peg Filecoin

   After selecting a platform for earning your Binance-Peg Filecoin, transfer your Binance-Peg Filecoin to your wallet on the earning platform. Once deposited, it begins to earn interest. Some platforms provide interest payouts daily, while others do so weekly or monthly.

4. 4. Earn收益

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximize your returns.

Things to Note

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.