Introduction

Lending BinaryX can be an excellent choice for those looking to hold BNX while earning APY. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire BinaryX (BNX) Tokens

   To lend BinaryX, you first need to possess it. To acquire BinaryX, you'll have to buy it. You can select from these well-known exchanges.

   Plattform	Kryptowährung	Price
   Bake	BinaryX (BNX)	0,34 APY
   BingX	BinaryX (BNX)	1,96 APY
   Bitget	BinaryX (BNX)	1,79 APY
   Bitmart	BinaryX (BNX)	1,49 APY
   Bitpanda	BinaryX (BNX)	0,57 APY
   LBank	BinaryX (BNX)	1,14 APY

   View all 13 prices

2. 2. Select a BinaryX provider

   Once you have BNX, you'll need to select a BinaryX lending platform to lend your tokens. You can explore some options here.

3. 3. Lend Your BinaryX in Germany

   Once you've selected a platform to lend your BinaryX, transfer your BinaryX into your wallet on the lending platform. Once it's deposited, it will begin to accrue APY. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform offers compounding interest to maximize your returns.

What to Consider

Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.