Where and How to Lend Biconomy (BICO)

Introduction

Lending Biconomy can be a great option for those who wish to hold BICO but earn interest. The steps can be a bit intimidating, especially the first time you attempt them. That's why we have compiled this guide for you.

Step-by-Step Guide

1. 1. Acquire Biconomy (BICO) Tokens

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

   Platform	Coin	Price
   Bitpanda	Biconomy (BICO)	0.29
   Uphold	Biconomy (BICO)	0.29
   Kraken	Biconomy (BICO)	0.28
   OKX	Biconomy (BICO)	0.29
   Binance	Biconomy (BICO)	0.29
   Coinbase	Biconomy (BICO)	0.29

   See all 19 prices

2. 2. Select a Biconomy Lender

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

   Platform	Coin	Interest rate
   Kucoin	Biconomy (BICO)	Up to 0.50 APY
   OKX	Biconomy (BICO)	Up to 1.00 APY

3. 3. Lend Your Biconomy

   After you have selected a platform for lending your Biconomy, transfer your Biconomy into your wallet on the lending platform. Once it is deposited, it will begin earning interest. Some platforms pay interest on a daily basis, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you have to do is relax while your crypto earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure that you do your research before depositing your crypto. Don’t lend more than you’re prepared to lose. Verify their lending practices, reviews, and how they secure your cryptocurrency.