Where and How to Earn PAX Gold (PAXG) in India

Introduction

Lending PAX Gold can be an excellent choice for those looking to hold PAXG while earning returns. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this comprehensive guide tailored for you.

Step-by-Step Guide for Indian Investors

1. 1. Acquire PAX Gold (PAXG) Tokens in India

   To lend PAX Gold, you first need to possess it. To acquire PAX Gold, you'll have to buy it. You can select from these popular Indian exchanges.

   Platform	Coin	Cost
   Nexo	PAX Gold (PAXG)	3,355.47
   YouHodler	PAX Gold (PAXG)	3,357.62
   Binance	PAX Gold (PAXG)	3,355.46
   Coinbase	PAX Gold (PAXG)	3,358.76
   Kraken	PAX Gold (PAXG)	3,356.24
   Luno	PAX Gold (PAXG)	3,351

   See all 44 rates

2. 2. Choose a PAX Gold Lender in India

   Once you have PAXG, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.

   Platform	Coin	APY
   Nexo	PAX Gold (PAXG)	Up to 7% APY
   YouHodler	PAX Gold (PAXG)	Up to 12% APY
   Gemini	PAX Gold (PAXG)	Up to 0.01% APY
   Kucoin	PAX Gold (PAXG)	Up to 0.36% APY

   View all 7 lending rates in India

3. 3. Earn PAX Gold in India

   Once you've selected a platform to earn your PAX Gold, transfer your PAX Gold into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest in India

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential earnings. Ensure that your chosen platform offers compounding interest to maximise your returns in the Indian market.

What to Keep in Mind

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto assets. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.