How to Earn Bitcoin Cash (BCH): A Step-by-Step Guide

Introduction

Lending Bitcoin Cash can be a great option for those who want to hold BCH but earn yield. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. Obtain Bitcoin Cash (BCH) Tokens
In order to lend Bitcoin Cash, you need to have it. To obtain Bitcoin Cash, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Nexo Bitcoin Cash (BCH) 653.1
PrimeXBT Bitcoin Cash (BCH) 650.61
EarnPark Bitcoin Cash (BCH) 648.56
YouHodler Bitcoin Cash (BCH) 651.18
Binance Bitcoin Cash (BCH) 651.9
OKX Bitcoin Cash (BCH) 645
See all 57 prices

Platform	Coin	Price
Nexo	Bitcoin Cash (BCH)	653.1
PrimeXBT	Bitcoin Cash (BCH)	650.61
EarnPark	Bitcoin Cash (BCH)	648.56
YouHodler	Bitcoin Cash (BCH)	651.18
Binance	Bitcoin Cash (BCH)	651.9
OKX	Bitcoin Cash (BCH)	645

2. Choose a Bitcoin Cash Lender

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

Platform	Coin	Interest rate
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

See all 14 lending rates

3. Earn Bitcoin Cash
Once you've chosen a platform to earning your Bitcoin Cash, transfer your Bitcoin Cash into your wallet in the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning platform pays compounding interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.

Latest Movements

Bitcoin Cash (BCH) is currently priced at US$11 with a 24-hour trading volume of US$229.05M. The market cap of Bitcoin Cash stands at US$8.42B, with 19.81M BCH in circulation. For those looking to buy or trade Bitcoin Cash, Nexo offers avenues to do so securely and efficiently}

Market cap: US$8.42B
24h volume: US$229.05M
Circulating supply: 19.81M BCH

See latest information

Frequently Asked Questions About Bitcoin Cash (BCH) Lending

What are the current lending rates for Bitcoin Cash (BCH)?: Bitcoin Cash (BCH) currently has a total of eight lending rates available. While the average rate is not specified, the best lending rate can be found on Blockchain.com. It is important to regularly check platforms like Bitcompare for real-time updates on these rates, as they can fluctuate frequently depending on market conditions and platform offerings. Staying informed about these rates is essential for making informed decisions regarding your BCH assets.

Bitcoin Cash BCH News

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