How to Lend Nova Merged wBTC (zkLink) (WBTC) in India

Introduction

Lending Nova Merged wBTC (zkLink) can be an excellent choice for those looking to hold WBTC 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 Nova Merged wBTC (zkLink) (WBTC) Tokens in India

   To lend Nova Merged wBTC (zkLink), you first need to possess it. To acquire Nova Merged wBTC (zkLink), you'll have to buy it. You can select from these popular Indian exchanges.

   Platform	Coin	Cost
   Uphold	Nova Merged wBTC (zkLink) (WBTC)	1,05,586.08
   Blockchain.com	Nova Merged wBTC (zkLink) (WBTC)	19,154.51
   Currency.com	Nova Merged wBTC (zkLink) (WBTC)	85,217.85
   FMFW.io	Nova Merged wBTC (zkLink) (WBTC)	1,09,934
   Phemex	Nova Merged wBTC (zkLink) (WBTC)	90,795.33
   Probit	Nova Merged wBTC (zkLink) (WBTC)	1,07,090

   See all 12 rates

2. 2. Choose a Nova Merged wBTC (zkLink) Lender in India

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

   Platform	Coin	APY
   Aave	Nova Merged wBTC (zkLink) (WBTC)	Up to 0.13% APY
   Blockchain.com	Nova Merged wBTC (zkLink) (WBTC)	Up to 0.65% APY

   View all 4 lending rates in India

3. 3. Lend Your Nova Merged wBTC (zkLink) in India

   Once you've selected a platform to lend your Nova Merged wBTC (zkLink), transfer your Nova Merged wBTC (zkLink) into your wallet on the lending platform. After the deposit is made, it will begin to earn APY. Some platforms offer interest payouts daily, while others may 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 returns. Ensure that your lending platform offers compounding interest to maximise your earnings.

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.