How to Lend Bitcoin (BTC): A Step-by-Step Guide for the UK

Introduction

Lending Bitcoin can be an excellent option for those who wish to hold BTC 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 Bitcoin (BTC) Tokens
To lend Bitcoin, you need to possess it. To obtain Bitcoin, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
Nexo Bitcoin (BTC) 91,070.67
PrimeXBT Bitcoin (BTC) 91,087.3
EarnPark Bitcoin (BTC) 90,639.62
YouHodler Bitcoin (BTC) 91,142.79
Binance Bitcoin (BTC) 91,142.79
BTSE Bitcoin (BTC) 91,076
View all 80 prices
2. Choose a Bitcoin Lender in the UK
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 AER
Nexo Bitcoin (BTC) Up to 7% AER
Nebeus Bitcoin (BTC) Up to 4.5% AER
EarnPark Bitcoin (BTC) Up to 15% AER
YouHodler Bitcoin (BTC) Up to 12% AER
Neverless Bitcoin (BTC) Up to 7.25% AER
View all 26 loan rates
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 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.

Platform	Coin	Price
Nexo	Bitcoin (BTC)	91,070.67
PrimeXBT	Bitcoin (BTC)	91,087.3
EarnPark	Bitcoin (BTC)	90,639.62
YouHodler	Bitcoin (BTC)	91,142.79
Binance	Bitcoin (BTC)	91,142.79
BTSE	Bitcoin (BTC)	91,076

Platform	Coin	AER
Nexo	Bitcoin (BTC)	Up to 7% AER
Nebeus	Bitcoin (BTC)	Up to 4.5% AER
EarnPark	Bitcoin (BTC)	Up to 15% AER
YouHodler	Bitcoin (BTC)	Up to 12% AER
Neverless	Bitcoin (BTC)	Up to 7.25% AER

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

Bitcoin (BTC) is currently priced at US$7 with a 24-hour trading volume of US$1,281.91. The market cap of Bitcoin stands at US$1.06M, with 2.46M BTC in circulation. For those looking to buy or trade Bitcoin, Nexo offers avenues to do so securely and efficiently

Market capitalisation: US$1.06M
24-hour volume: US$1,281.91
Circulating supply: 2.46M BTC

See the latest information

Frequently Asked Questions About Lending Bitcoin (BTC) in the UK

What exactly is Bitcoin and how does it work at a high level?: Bitcoin is a decentralized digital currency that operates on a public blockchain. It enables peer-to-peer money transfers without banks or intermediaries. Transactions are verified by miners who solve cryptographic puzzles (Proof of Work) and recorded on a public ledger. The system has a hard cap of 21 million coins, with new coins issued as block rewards about every 10 minutes. This design creates scarce digital assets and censorship-resistant transfers. Users interact with Bitcoin through wallets that hold private keys; signing a transaction with your key proves ownership and authorizes the transfer.
What is Bitcoin’s supply dynamics and why is the cap important?: Bitcoin has a fixed supply cap of 21 million coins. New bitcoins are minted as rewards to miners for adding blocks to the chain, with the reward halving roughly every four years. This halving reduces new supply over time, contributing to potential long-term scarcity. Once all 21 million coins are mined, no new bitcoins will be created. The capped supply is a core aspect of Bitcoin’s value proposition, often described as “digital gold,” as it aims to protect against inflation by limiting the total quantity available.
How can I safely buy, store, and use Bitcoin for transactions?: To buy Bitcoin, use a regulated exchange or broker, complete identity verification, and transfer BTC to a personal wallet. For storage, choose a secure wallet type: hardware wallets (offline storage) offer strong security for larger balances, while software wallets (mobile/desktop) are convenient for daily use. Always back up your seed phrase and enable two-factor authentication on exchange accounts. To transact, you’ll need the recipient’s Bitcoin address, confirm fee preferences (speed vs. cost), and broadcast the signed transaction to the network. Be mindful of security best practices to avoid phishing and loss of private keys.
What are the main risks and considerations when investing in Bitcoin today?: Bitcoin investments carry market risk, including price volatility driven by macro events, regulation, and market sentiment. As a decentralized asset with no intrinsic cash flows or credit risk, value depends on demand and adoption. Regulatory changes could impact exchanges and custody services, while technological shifts (like improvements to scaling or competing networks) may influence demand. Diversification, position sizing, and understanding custody risk are essential. Always use reputable platforms, secure wallets, and keep private keys offline when possible to reduce loss risk.
What are notable developments and use-cases surrounding Bitcoin beyond payments?: Beyond a peer-to-peer currency, Bitcoin has become a store of value and treasury asset for some institutions. Innovations like Ordinals enable NFT-like features directly on Bitcoin, while experimental token standards (e.g., BRC-20) explore fungible tokens on the Bitcoin network. Companies and investors also use Bitcoin as a hedge against currency debasement, treating it as a long-term reserve asset. Ongoing ecosystem growth includes infrastructure for custody, security, and potential integration with traditional financial vehicles through regulated products like spot ETFs and futures markets.

Bitcoin BTC News in the UK

February 7, 2026Forget A Bitcoin Yearly Top, BTC Price Might Have Hit A 16-Year Cyclical Peak

Tony Severino has opined that Bitcoin isn’t just showing signs of a yearly top but also that BTC's price may have hit a 16-year cyclical peak.

February 7, 2026Bitcoin Mining Difficulty Drops by 11% Amid Steep Market Downturn

The Bitcoin network mining difficulty recorded a sharp drop amid market turmoil and a brief disruption from a winter storm that impacted the US in January.

February 7, 2026XRP Price Returns Above $1.5 — On-Chain Data Says Whales Are Behind It

The XRP price was on the verge of losing the $1 level merely two days ago, as the general crypto market succumbed to bearish pressure.

Top Pairs for Bitcoin in the UK

Frequently Asked Questions About Lending Bitcoin (BTC) in the UK

What exactly is Bitcoin and how does it work at a high level?

Bitcoin is a decentralized digital currency that operates on a public blockchain. It enables peer-to-peer money transfers without banks or intermediaries. Transactions are verified by miners who solve cryptographic puzzles (Proof of Work) and recorded on a public ledger. The system has a hard cap of 21 million coins, with new coins issued as block rewards about every 10 minutes. This design creates scarce digital assets and censorship-resistant transfers. Users interact with Bitcoin through wallets that hold private keys; signing a transaction with your key proves ownership and authorizes the transfer.

What is Bitcoin’s supply dynamics and why is the cap important?

Bitcoin has a fixed supply cap of 21 million coins. New bitcoins are minted as rewards to miners for adding blocks to the chain, with the reward halving roughly every four years. This halving reduces new supply over time, contributing to potential long-term scarcity. Once all 21 million coins are mined, no new bitcoins will be created. The capped supply is a core aspect of Bitcoin’s value proposition, often described as “digital gold,” as it aims to protect against inflation by limiting the total quantity available.

How can I safely buy, store, and use Bitcoin for transactions?

To buy Bitcoin, use a regulated exchange or broker, complete identity verification, and transfer BTC to a personal wallet. For storage, choose a secure wallet type: hardware wallets (offline storage) offer strong security for larger balances, while software wallets (mobile/desktop) are convenient for daily use. Always back up your seed phrase and enable two-factor authentication on exchange accounts. To transact, you’ll need the recipient’s Bitcoin address, confirm fee preferences (speed vs. cost), and broadcast the signed transaction to the network. Be mindful of security best practices to avoid phishing and loss of private keys.

What are the main risks and considerations when investing in Bitcoin today?

Bitcoin investments carry market risk, including price volatility driven by macro events, regulation, and market sentiment. As a decentralized asset with no intrinsic cash flows or credit risk, value depends on demand and adoption. Regulatory changes could impact exchanges and custody services, while technological shifts (like improvements to scaling or competing networks) may influence demand. Diversification, position sizing, and understanding custody risk are essential. Always use reputable platforms, secure wallets, and keep private keys offline when possible to reduce loss risk.

What are notable developments and use-cases surrounding Bitcoin beyond payments?

Beyond a peer-to-peer currency, Bitcoin has become a store of value and treasury asset for some institutions. Innovations like Ordinals enable NFT-like features directly on Bitcoin, while experimental token standards (e.g., BRC-20) explore fungible tokens on the Bitcoin network. Companies and investors also use Bitcoin as a hedge against currency debasement, treating it as a long-term reserve asset. Ongoing ecosystem growth includes infrastructure for custody, security, and potential integration with traditional financial vehicles through regulated products like spot ETFs and futures markets.

How to Lend Bitcoin (BTC) in the UK

What you will learn

How to Lend Bitcoin (BTC) in the UK

Statistics about Bitcoin Lending in the UK

Other cryptocurrencies you can lend

Introduction

Step-by-Step Guide

1. Obtain Bitcoin (BTC) Tokens

2. Choose a Bitcoin Lender in the UK

3. Lend Your Bitcoin

4. Earn AER

What to Be Aware Of

Latest Movements in the UK

Frequently Asked Questions About Lending Bitcoin (BTC) in the UK

Bitcoin BTC News in the UK

Top Pairs for Bitcoin in the UK

Important Notice

Supported Lending Platforms in the UK

Similar Cryptocurrencies to Lend

Newly Added Cryptocurrencies to Lend

Frequently Asked Questions About Lending Bitcoin (BTC) in the UK

Introduction

Step-by-Step Guide

1. Obtain Bitcoin (BTC) Tokens

2. Choose a Bitcoin Lender in the UK

3. Lend Your Bitcoin

4. Earn AER

What to Be Aware Of