Where and How to Lend Bitcoin (BTC)

Introduction

Lending Bitcoin can be a great option for those who want to hold BTC 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. Obtain Bitcoin (BTC) Tokens

   To lend Bitcoin, you need to have it. To acquire Bitcoin, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Bitcoin (BTC)	94,800.15
   PrimeXBT	Bitcoin (BTC)	94,796.7
   M2	Bitcoin (BTC)	94,826.12
   Uphold	Bitcoin (BTC)	94,826.96
   EarnPark	Bitcoin (BTC)	94,785.54
   Klink	Bitcoin (BTC)	94,881

   See all 40 prices

2. 2. Choose a Bitcoin Lender

   Once you have BTC, you’ll need to choose a Bitcoin lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Nexo	Bitcoin (BTC)	Up to 7 AER
   YouHodler	Bitcoin (BTC)	Up to 12 AER
   EarnPark	Bitcoin (BTC)	Up to 15 AER
   Nebeus	Bitcoin (BTC)	Up to 4.5 AER
   Neverless	Bitcoin (BTC)	Up to 7.25 AER
   Bitget	Bitcoin (BTC)	Up to 3 AER

   See all 15 lending rates

3. 3. Lend Your Bitcoin

   Once you’ve chosen a platform to lend your Bitcoin, transfer your Bitcoin into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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 ensure your lending platform pays compound interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Ensure 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.