Latest Movements in the UK
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- Market capitalisation
- US$12.32B
- 24-hour volume
- US$463.56M
- Circulating supply
- 131,830.43 WBTC
Earn up to
0.24% AER
A comprehensive guide on how to earn Wrapped Bitcoin (WBTC) in the UK
We have extensive data on earning Wrapped Bitcoin (WBTC) and we are pleased to share some of this with you.
We present you with various earning options using other cryptocurrencies that may pique your interest.
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Lending Wrapped Bitcoin can be an excellent option for those who wish to hold WBTC 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 Wrapped Bitcoin, you need to possess it. To obtain Wrapped Bitcoin, you'll need to purchase it. You can choose from these popular exchanges in the UK.
| Platform | Coin | Price |
|---|---|---|
| Binance | Wrapped Bitcoin (WBTC) | 87,380.24 |
| Kraken | Wrapped Bitcoin (WBTC) | 86,848.6 |
| OKX | Wrapped Bitcoin (WBTC) | 114,676.9 |
| BingX | Wrapped Bitcoin (WBTC) | 87,389.86 |
| Bitget | Wrapped Bitcoin (WBTC) | 87,364.2 |
| Bitmart | Wrapped Bitcoin (WBTC) | 87,380.23 |
Once you have WBTC, you'll need to choose a Wrapped Bitcoin lending platform to lend your tokens. You can see some options here.
| Platform | Coin | AER |
|---|---|---|
| Aave | Wrapped Bitcoin (WBTC) | Up to 0.01% AER |
| Bitget | Wrapped Bitcoin (WBTC) | Up to 1.3% AER |
| Compound | Wrapped Bitcoin (WBTC) | Up to 1.41% AER |
| Klink | Wrapped Bitcoin (WBTC) | Up to 4% AER |
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 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.