How to Lend New BitShares (NBS): A Comprehensive Guide for Chinese Investors

Introduction

Lending New BitShares can be an excellent choice for individuals looking to hold NBS 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 New BitShares (NBS) Tokens
To lend New BitShares, you must first possess it. To acquire New BitShares, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.
Platform Coin Price
Binance New BitShares (NBS) 0 APY
Gate.io New BitShares (NBS) 0.00006244 APY
MEXC Global New BitShares (NBS) 0.00003 APY
View all 5 prices
2. Select a New BitShares lending platform
Once you have NBS, you'll need to select a New BitShares lending platform to lend your tokens. You can explore several options available in the market here.
3. Lend Your New BitShares for attractive APY returns
After selecting a platform to lend your New BitShares, transfer your New BitShares 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.