Earn up to
0,24% APY on your investments.
A comprehensive guide on how to earn Wrapped Bitcoin (WBTC) in the French cryptocurrency market.
We have extensive data on earning Wrapped Bitcoin (WBTC), and we are pleased to share some of this information with you.
We present you with various earning options featuring other cryptocurrencies that may pique your interest.
Wrapped Bitcoin (WBTC) is currently priced at US$4 with a 24-hour trading volume of US$463.56M. The market cap of Wrapped Bitcoin stands at US$12.32B, with 131 830,43 WBTC in circulation. For those looking to buy or trade Wrapped Bitcoin, Aave offers avenues to do so securely and efficiently
Lending Wrapped Bitcoin can be an excellent choice for those looking to hold WBTC 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.
To lend Wrapped Bitcoin, you must first possess it. To acquire Wrapped Bitcoin, you'll need to purchase it. You can select from these well-known exchanges.
| Platform | Coin | Price |
|---|---|---|
| Binance | Wrapped Bitcoin (WBTC) | 90 931,28 |
| Kraken | Wrapped Bitcoin (WBTC) | 91 074,3 |
| OKX | Wrapped Bitcoin (WBTC) | 114 676,9 |
| BingX | Wrapped Bitcoin (WBTC) | 90 943,42 |
| Bitget | Wrapped Bitcoin (WBTC) | 90 898,6 |
| Bitmart | Wrapped Bitcoin (WBTC) | 90 931,29 |
Once you have WBTC, you'll need to select a Wrapped Bitcoin lending platform to lend your tokens. You can explore some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Aave | Wrapped Bitcoin (WBTC) | Up to 0,02% APY |
| Bitget | Wrapped Bitcoin (WBTC) | Up to 1,3% APY |
| Compound | Wrapped Bitcoin (WBTC) | Up to 1,82% APY |
| Klink | Wrapped Bitcoin (WBTC) | Up to 4% APY |
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 interest. Some platforms offer interest payments daily, while others do so weekly or monthly.
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.
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.
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