Introduction

Lending BUSD can be an excellent choice for those looking to hold BUSD 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 BUSD (BUSD) Tokens

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

   Plataforma	Cripto	Price
   Gate.io	BUSD (BUSD)	1 APY
   Wirex	BUSD (BUSD)	1 APY

   Consulta todos los 4 precios

2. 2. Select a BUSD Lender

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

3. 3. Lend Your BUSD

   Once you've selected a platform to lend your BUSD, transfer your BUSD into your wallet on the lending platform. Once it's deposited, it will begin to earn 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 lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky