Where and How to Earn PAX Gold (PAXG)

Introduction to the world of cryptocurrency can be both exciting and daunting

Lending PAX Gold can be an excellent choice for those looking to hold PAXG while earning yield. The process may seem a bit intimidating, particularly for first-timers. That's why we've created this guide to help you navigate through it.

Step-by-Step Guide 1

1. 1. Acquire PAX Gold (PAXG) Tokens

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

   Platform	Coin	Price
   Nexo	PAX Gold (PAXG)	4 564,97
   PrimeXBT	PAX Gold (PAXG)	4 565,6
   YouHodler	PAX Gold (PAXG)	4 561,83
   Binance	PAX Gold (PAXG)	4 565,85
   Coinbase	PAX Gold (PAXG)	4 561,02
   Kraken	PAX Gold (PAXG)	4 558,09

   See all 49 prices

2. 2. Select a PAX Gold Lender

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

   Platform	Coin	Interest rate
   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 0,19% APY

   See all 7 lending rates

3. 3. Earn PAX Gold with competitive rates that allow you to maximize your investments

   Once you've selected a platform to earn your PAX Gold, transfer your PAX Gold into your wallet on the earning platform. Once it's deposited, it will begin to accrue interest. Some platforms offer interest payments 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. Ensure that your earning platform offers compounding APY to maximise your returns.

What to be Aware of

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.