Where and How to Lend Bitcoin Cash (BCH)

Introduction

Lending Bitcoin Cash can be a great option for those who wish to hold BCH 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 Bitcoin Cash (BCH) Tokens

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

   Platform	Coin	Price
   Nexo	Bitcoin Cash (BCH)	430.01
   Bitpanda	Bitcoin Cash (BCH)	458.33
   Uphold	Bitcoin Cash (BCH)	457.12
   EarnPark	Bitcoin Cash (BCH)	458.67
   Kraken	Bitcoin Cash (BCH)	448.01
   OKX	Bitcoin Cash (BCH)	456.80

   See all 24 prices

2. 2. Select a Bitcoin Cash Lender

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

   Platform	Coin	Interest rate
   Nexo	Bitcoin Cash (BCH)	Up to 11.00 APY
   YouHodler	Bitcoin Cash (BCH)	Up to 12.00 APY
   EarnPark	Bitcoin Cash (BCH)	Up to 14.00 APY
   Nebeus	Bitcoin Cash (BCH)	Up to 4.50 APY
   EMCD Coinhold	Bitcoin Cash (BCH)	Up to 8.00 APY

   See all 11 lending rates

3. 3. Lend Your Bitcoin Cash

   After you have selected a platform for lending your Bitcoin Cash, transfer your Bitcoin Cash 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.