Earn as much as
7% APY on your investments.
A comprehensive guide on how to earn PAX Gold (PAXG) in Nigeria.
We have extensive data on earning PAX Gold (PAXG), and we're excited to share some of this valuable information with you.
We present you with various earning opportunities using other cryptocurrencies that may catch your interest.
PAX Gold (PAXG) is currently priced at US$7 with a 24-hour trading volume of US$14.25M. The market cap of PAX Gold stands at US$535.05M, with 199,956.7 PAXG in circulation. For those looking to buy or trade PAX Gold, Nexo offers avenues to do so securely and efficiently
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.
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 |
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 |
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.
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.
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.
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