Introduction

Lending BitcoinX can be a great option for those who want to hold bcx but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Acquire BitcoinX (bcx) Tokens

   To lend BitcoinX, you need to possess it. To acquire BitcoinX, you’ll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Price
   Azbit	BitcoinX (bcx)	0
   Bitmart	BitcoinX (bcx)	0.01
   Gate.io	BitcoinX (bcx)	0.0001362
   MEXC Global	BitcoinX (bcx)	0.00001879

   See all 10 prices

2. 2. Choose a BitcoinX Lender

   Once you have bcx, you'll need to choose a BitcoinX lending platform to lend your tokens. You can see some options here.

3. 3. Earn BitcoinX

   Once you've selected a platform to earn your BitcoinX, transfer your BitcoinX into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning platform pays compounding interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.