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Lending BitcoinX can be an excellent choice for those looking to hold bcx while generating APY. The process may seem a bit overwhelming, particularly if it's your first time navigating it. That's why we've created this guide to assist you.
To lend BitcoinX, you first need to possess it. To acquire BitcoinX, you'll have to buy it. You can select from these well-known exchanges available in South Korea.
| 플랫폼 | 코인 | Price |
|---|---|---|
| Azbit | BitcoinX (bcx) | 0 APY |
| Bitmart | BitcoinX (bcx) | 0.11 APY |
| Gate.io | BitcoinX (bcx) | 0.00008836 APY |
| MEXC Global | BitcoinX (bcx) | 0.00001879 APY |
Once you have bcx, you'll need to select a BitcoinX lending platform to lend your tokens. You can explore various options available in the South Korean market here.
Once you've selected a platform to earn your BitcoinX, transfer your BitcoinX into your wallet on the earning platform. After the deposit is made, it will begin to accrue interest. Some platforms offer interest payouts daily, while others do so weekly or monthly.
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential earnings. Be sure to choose a platform that offers compounding interest to maximize your returns.
Lending your cryptocurrency can involve significant risks