How to Lend Binance-Peg Bitcoin Cash (BCH): A Comprehensive Guide for Chinese Investors

Introduction

Lending Binance-Peg Bitcoin Cash can be an excellent choice for individuals looking to hold BCH 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 Binance-Peg Bitcoin Cash (BCH) Tokens

To lend Binance-Peg Bitcoin Cash, you must first possess it. To acquire Binance-Peg Bitcoin Cash, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.

Platform	Coin	Price
Nexo	Binance-Peg Bitcoin Cash (BCH)	601.3 APY
Coinbase	Binance-Peg Bitcoin Cash (BCH)	604.66 APY
Kraken	Binance-Peg Bitcoin Cash (BCH)	604.65 APY
Azbit	Binance-Peg Bitcoin Cash (BCH)	605.2 APY
CoinEx	Binance-Peg Bitcoin Cash (BCH)	605.2 APY
CoinW	Binance-Peg Bitcoin Cash (BCH)	605.07 APY

View all 17 prices

2. Select a Binance-Peg Bitcoin Cash lending platform
Once you have BCH, you'll need to select a Binance-Peg Bitcoin Cash lending platform to lend your tokens. You can explore several options available in the market here.
Platform Coin APY
Kucoin Binance-Peg Bitcoin Cash (BCH) Up to 0.5% APY
3. Lend Your Binance-Peg Bitcoin Cash for attractive APY returns
After selecting a platform to lend your Binance-Peg Bitcoin Cash, transfer your Binance-Peg Bitcoin Cash into your wallet on the lending platform. Once the deposit is completed, it will begin to accrue APY. Some platforms offer daily interest payouts, while others may provide interest on a weekly or monthly basis.
4. Earn APY on Your Assets
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding APY to maximize your earnings.