How to Earn WAX (WAXP): A Comprehensive Guide for Investors in France

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

Lending WAX can be an excellent choice for those looking to hold WAXP 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. Acquire WAX (WAXP) Tokens
To lend WAX, you must first possess it. To acquire WAX, you'll need to purchase it. You can select from these well-known exchanges.
Platform Coin Price
Binance WAX (WAXP) 0,01
OKX WAX (WAXP) 0,02
BingX WAX (WAXP) 0,01
Bitget WAX (WAXP) 0,01
Bitmart WAX (WAXP) 0,02
Bitpanda WAX (WAXP) 0,05
See all 29 prices
2. Select a WAX Lender
Once you have WAXP, you'll need to select a WAX lending platform to lend your tokens. You can explore some options here.
Platform Coin Interest rate
Kucoin WAX (WAXP) Up to 0,5% APY
3. Earn WAX with competitive rates that allow you to maximize your investments
Once you've selected a platform to earn your WAX, transfer your WAX 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. 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.

Platform	Coin	Price
Binance	WAX (WAXP)	0,01
OKX	WAX (WAXP)	0,02
BingX	WAX (WAXP)	0,01
Bitget	WAX (WAXP)	0,01
Bitmart	WAX (WAXP)	0,02
Bitpanda	WAX (WAXP)	0,05

Platform	Coin	Interest rate
Kucoin	WAX (WAXP)	Up to 0,5% APY

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.