Where and How to Lend Bitcoin SV (BSV)

Introduction

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

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

   Platform	Coin	Price
   OKX	Bitcoin SV (BSV)	69.34
   YouHodler	Bitcoin SV (BSV)	69.44
   Coinbase	Bitcoin SV (BSV)	69.41
   Bitmart	Bitcoin SV (BSV)	68.83
   MEXC Global	Bitcoin SV (BSV)	69.32
   BingX	Bitcoin SV (BSV)	69.32

   See all 12 prices

2. 2. Select a Bitcoin SV Lender

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

   Platform	Coin	Interest rate
   YouHodler	Bitcoin SV (BSV)	Up to 0.00 APY

3. 3. Lend Your Bitcoin SV

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