Where and How to Earn PAX Gold (PAXG)

简介

Lending PAX Gold for those who want to hold PAXG, 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 PAX Gold (PAXG) Tokens

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

   Platform	Coin	Price
   Nexo	PAX Gold (PAXG)	3,213.53
   Uphold	PAX Gold (PAXG)	3,214.52
   YouHodler	PAX Gold (PAXG)	3,214.48
   Kraken	PAX Gold (PAXG)	3,217.38
   Binance	PAX Gold (PAXG)	3,213.52
   Coinbase	PAX Gold (PAXG)	3,222.46

   See all 43 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	Coin	Interest rate
   Nexo	PAX Gold (PAXG)	Up to 7% APY
   YouHodler	PAX Gold (PAXG)	Up to 12% APY
   Kucoin	PAX Gold (PAXG)	Up to 0.3% APY

   See all 7 lending rates

3. 3. Earn PAX Gold

   After selecting a platform for earning your PAX Gold, transfer your PAX Gold 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.