How to Lend Bitcoin Cash (BCH)

Introduction

Lending Bitcoin Cash can be an excellent choice for those looking to hold BCH while generating a return. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to help you navigate through it.

Step-by-Step Guide for Italian Investors

1. 1. Acquire Bitcoin Cash (BCH) Tokens

   To lend Bitcoin Cash, you must first possess it. To acquire Bitcoin Cash, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Nexo	Bitcoin Cash (BCH)	653,1 APY
   PrimeXBT	Bitcoin Cash (BCH)	650,61 APY
   EarnPark	Bitcoin Cash (BCH)	648,56 APY
   YouHodler	Bitcoin Cash (BCH)	651,18 APY
   Binance	Bitcoin Cash (BCH)	651,9 APY
   OKX	Bitcoin Cash (BCH)	645 APY

   Check out all 57 prices

2. 2. Select a Bitcoin Cash Lender in Italy

   Once you have BCH, you'll need to select a Bitcoin Cash lending platform to lend your tokens. You can explore some options here.

   Piattaforma	Criptovaluta	APY
   Nexo	Bitcoin Cash (BCH)	Up to 11% APY
   Nebeus	Bitcoin Cash (BCH)	Up to 4,5% APY
   EarnPark	Bitcoin Cash (BCH)	Up to 5% APY
   YouHodler	Bitcoin Cash (BCH)	Up to 12% APY
   Blockchain.com	Bitcoin Cash (BCH)	Up to 2% APY

   Discover all 14 lending APY rates

3. 3. Lend Your Bitcoin Cash in Italy

   Once you've selected a platform to lend your Bitcoin Cash, transfer your Bitcoin Cash into your wallet on the lending platform. After the deposit is made, it will begin to accrue interest. Some platforms offer interest payments daily, while others do so weekly or monthly.

4. 4. Earn Interest

   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 maximize your earnings.

What to Consider in Italy

Lending your cryptocurrency can involve significant risks