Introduction
Lending Bitcoin can be an excellent choice for individuals looking to hold BTC while earning an attractive APY. The process may seem a bit overwhelming, particularly for first-time users. To simplify this experience, we have created this comprehensive guide tailored for you.
Step-by-Step Guide
1. Acquire Bitcoin (BTC) Tokens
To lend Bitcoin, you must first possess it. To acquire Bitcoin, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.
View all 80 pricesPlatform Coin Price Nexo Bitcoin (BTC) 87,590.7 APY PrimeXBT Bitcoin (BTC) 87,560.6 APY EarnPark Bitcoin (BTC) 87,783.57 APY YouHodler Bitcoin (BTC) 87,620 APY Binance Bitcoin (BTC) 87,599.52 APY BTSE Bitcoin (BTC) 87,579.7 APY 2. Select a Bitcoin lending platform
Once you have BTC, you'll need to select a Bitcoin lending platform to lend your tokens. You can explore several options available in the market here.
View all 26 loan interest ratesPlatform Coin APY Nexo Bitcoin (BTC) Up to 7% APY Nebeus Bitcoin (BTC) Up to 4.5% APY EarnPark Bitcoin (BTC) Up to 15% APY YouHodler Bitcoin (BTC) Up to 12% APY Neverless Bitcoin (BTC) Up to 7.25% APY 3. Earn Bitcoin
Once you've selected a platform to earn your Bitcoin, transfer your Bitcoin into your wallet on the earning platform. After the deposit is completed, it will begin to accrue interest. Some platforms offer interest payments daily, while others may do so weekly or monthly.
4. Earn APY on Your Assets
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the greater your potential earnings. Be sure to choose a platform that offers compounding interest to maximize your returns.
What to Consider in the Chinese Market
Lending your cryptocurrency can involve significant risks
Recent Developments
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- Market capitalization
- $1.06M
- missing en-cn translation: common.volume-24h
- $1,281.91
- Circulating supply in the market
- 2.46M BTC

