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Introduction

Lending Wrapped Bitcoin can be an excellent choice for those looking to hold WBTC while generating yield. The process might seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for Spain 1

1. 1. Acquire Wrapped Bitcoin (WBTC) Tokens

   To lend Wrapped Bitcoin, you first need to possess it. To acquire Wrapped Bitcoin, you'll have to buy it. You can select from these popular exchanges available in Spain.

   Plataforma	Cripto	Price
   Binance	Wrapped Bitcoin (WBTC)	90.939,16 APY
   Kraken	Wrapped Bitcoin (WBTC)	91.080,2 APY
   OKX	Wrapped Bitcoin (WBTC)	114.676,9 APY
   BingX	Wrapped Bitcoin (WBTC)	90.940,9 APY
   Bitget	Wrapped Bitcoin (WBTC)	91.030 APY
   Bitmart	Wrapped Bitcoin (WBTC)	90.914,52 APY

   Consulta todos los 20 precios

2. 2. Select a Wrapped Bitcoin Lender

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

   Plataforma	Cripto	APY
   Aave	Wrapped Bitcoin (WBTC)	Hasta 0,01% APY
   Bitget	Wrapped Bitcoin (WBTC)	Hasta 1,3% APY
   Compound	Wrapped Bitcoin (WBTC)	Hasta 0,93% APY
   Klink	Wrapped Bitcoin (WBTC)	Hasta 4% APY

   Lending APY

3. 3. Earn Wrapped Bitcoin with competitive APY rates that can help you grow your investment

   Once you've selected a platform to earn your Wrapped Bitcoin, transfer your Wrapped Bitcoin into your wallet on the earning 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. Generate Earnings

   Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Try to make sure your earning platform pays compounding APY to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky