Where and How to Earn Wrapped Bitcoin (WBTC)

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

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.

Step-by-Step Guide 1

1. 1. Acquire Wrapped Bitcoin (WBTC) Tokens

   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

   See all 20 prices

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.

   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

   See all 15 lending rates

3. 3. Earn Wrapped Bitcoin with competitive rates that allow you to maximize your investments

   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.

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.