Introduction

Lending New BitShares can be an excellent choice for those in Russia who wish to hold NBS while generating yield. The process may seem overwhelming, particularly for first-time users. To simplify things, we've created this comprehensive guide tailored for the Russian market.

Step-by-Step Guide

1. 1. Acquire New BitShares (NBS) Tokens in Russia

   To lend New BitShares in Russia, you first need to acquire it. To obtain New BitShares, you will need to purchase it from one of the popular cryptocurrency exchanges available in the region.

   Platform	Coin	Cost
   Binance	New BitShares (NBS)	0
   Gate.io	New BitShares (NBS)	0.00006244
   MEXC Global	New BitShares (NBS)	0.00003

   View all 5 rates

2. 2. Select a New BitShares Lender in Russia

   Once you have NBS, you'll need to choose a New BitShares lending platform to lend your tokens in Russia. You can explore some options available in the Russian market here.

3. 3. Lend Your New BitShares in Russia

   Once you've selected a platform to lend your New BitShares, transfer your New BitShares 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 may pay out weekly or monthly, catering to the preferences of Russian investors.

4. 4. Earn Interest

   Now all you need to do is relax while your cryptocurrency earns interest. The more you deposit, the more interest you can accumulate. Ensure that your lending platform offers compounding interest to maximize your returns in the Russian market.

What to Consider in Russia

Lending your cryptocurrency in Russia can involve certain risks