How to Earn PAX Gold (PAXG): A Comprehensive Guide

Introduction

Lending PAX Gold can be an excellent choice for those looking to hold PAXG while earning yield. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide to help you navigate through it smoothly.

Step-by-Step Guide

1. Acquire PAX Gold (PAXG) Tokens
To lend PAX Gold, you must first acquire it. To obtain PAX Gold, you'll need to purchase it. You can select from these popular exchanges available in Nigeria.
Platform Coin Price
Nexo PAX Gold (PAXG) 4,564.97
PrimeXBT PAX Gold (PAXG) 4,565.6
YouHodler PAX Gold (PAXG) 4,561.83
Binance PAX Gold (PAXG) 4,565.85
Coinbase PAX Gold (PAXG) 4,561.02
Kraken PAX Gold (PAXG) 4,558.09
See all 49 prices
2. Choose a PAX Gold Lender
Once you have PAXG, you'll need to select a PAX Gold lending platform to lend your tokens. You can explore some options here.
Platform Coin Interest rate
Nexo PAX Gold (PAXG) Up to 7% APY
YouHodler PAX Gold (PAXG) Up to 12% APY
Gemini PAX Gold (PAXG) Up to 0.01% APY
Kucoin PAX Gold (PAXG) Up to 0.19% APY
See all 7 lending rates
3. Earn PAX Gold
Once you've selected a platform to earn your PAX Gold, transfer your PAX Gold into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is relax while your cryptocurrency earns interest. The more you deposit, the higher your potential earnings. Ensure that your earning platform offers compounding APY to maximize your returns.

Platform	Coin	Price
Nexo	PAX Gold (PAXG)	4,564.97
PrimeXBT	PAX Gold (PAXG)	4,565.6
YouHodler	PAX Gold (PAXG)	4,561.83
Binance	PAX Gold (PAXG)	4,565.85
Coinbase	PAX Gold (PAXG)	4,561.02
Kraken	PAX Gold (PAXG)	4,558.09

Platform	Coin	Interest rate
Nexo	PAX Gold (PAXG)	Up to 7% APY
YouHodler	PAX Gold (PAXG)	Up to 12% APY
Gemini	PAX Gold (PAXG)	Up to 0.01% APY
Kucoin	PAX Gold (PAXG)	Up to 0.19% APY

What to be Aware of

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they have in place to secure your cryptocurrency.

Latest Movements

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Market cap: US$535.05M
24h volume: US$14.25M
Circulating supply: 199,956.7 PAXG

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