How to Lend PAX Gold (PAXG): A Step-by-Step Guide for German Investors

Introduction

Lending PAX Gold can be an excellent choice for those looking to hold PAXG 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. Acquire PAX Gold (PAXG) Tokens

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

Plattform	Kryptowährung	Price
Nexo	PAX Gold (PAXG)	4.405,16 APY
PrimeXBT	PAX Gold (PAXG)	4.403,15 APY
YouHodler	PAX Gold (PAXG)	4.405,11 APY
Binance	PAX Gold (PAXG)	4.405,11 APY
Coinbase	PAX Gold (PAXG)	4.400,37 APY
Kraken	PAX Gold (PAXG)	4.400,27 APY

View all 49 prices

2. Select a PAX Gold provider
Once you have PAXG, you'll need to select a PAX Gold lending platform to lend your tokens. You can explore some options here.
Plattform Kryptowährung APY
Nexo PAX Gold (PAXG) Up to 7 % APY
YouHodler PAX Gold (PAXG) Up to 12 % APY
Gemini PAX Gold (PAXG) Up to 0,01 % APY
Kucoin PAX Gold (PAXG) Up to 0,17 % APY
View all 7 lending APY rates
3. Lend Your PAX Gold in Germany
Once you've selected a platform to lend your PAX Gold, transfer your PAX Gold 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. 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.

Plattform	Kryptowährung	APY
Nexo	PAX Gold (PAXG)	Up to 7 % APY
YouHodler	PAX Gold (PAXG)	Up to 12 % APY
Gemini	PAX Gold (PAXG)	Up to 0,01 % APY
Kucoin	PAX Gold (PAXG)	Up to 0,17 % APY

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.

Recent Developments

missing en-de translation: common.latest-movements-copy

Market capitalization: US$535.05M
24h Handelsvolumen: US$14.25M
Circulating supply: 199.956,7 PAXG

Check the latest updates

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