Latest Movements in the UK
- Market capitalisation
- US$60.3M
- 24-hour volume
- US$6,237.29
- Circulating supply
- 60.49M BUSD
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USDCImportant Notice
Lending BUSD can be an excellent option for those who wish to hold BUSD while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.
To lend BUSD, you need to possess it. To obtain BUSD, you'll need to purchase it. You can choose from these popular exchanges in the UK.
| Platform | Coin | Price |
|---|---|---|
| Gate.io | BUSD (BUSD) | 1 |
| Wirex | BUSD (BUSD) | 1 |
Once you have BUSD, you'll need to choose a BUSD lending platform to lend your tokens. You can see some options here.
Once you've selected a platform to earn your BUSD, transfer your BUSD into your wallet on the earning platform. Once it's deposited, it will begin to accrue AER. Some platforms pay interest daily, while others do so weekly or monthly.
Now all you need to do is sit back while your cryptocurrency earns AER. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximise your returns.
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
