Introduction
Lending Beta Finance can be an excellent option for those who wish to hold BETA 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.
Step-by-Step Guide
1. Obtain Beta Finance (BETA) Tokens
To lend Beta Finance, you need to possess it. To obtain Beta Finance, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 16 pricesPlatform Coin Price Binance Beta Finance (BETA) 0.00036 BTSE Beta Finance (BETA) 0.0005 BingX Beta Finance (BETA) 0 Bitget Beta Finance (BETA) 0.00073 CoinEx Beta Finance (BETA) 0.000622 Hotcoin Beta Finance (BETA) 0 2. Choose a Beta Finance Lender in the UK
Once you have BETA, you'll need to choose a Beta Finance lending platform to lend your tokens. You can see some options here.
3. Lend Your Beta Finance
Once you've chosen a platform to lend your Beta Finance, transfer your Beta Finance into your wallet on the lending platform. Once it's deposited, it will start earning AER. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn AER
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compounding interest to maximise your returns.
What to Be Aware Of
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.
Latest Movements in the UK
- Market capitalisation
- US$37.24M
- 24-hour volume
- US$3.19M
- Circulating supply
- 889.39M BETA
