missing en-ug translation: how-to.verb.earn.hero.heading

Introduction

Lending Nova Merged wBTC (zkLink) can be an excellent choice for those looking to hold WBTC while earning some returns. The process might seem a bit overwhelming, particularly if you're doing it for the first time. That's why we've created this guide to help you navigate through it smoothly.

Step-by-Step Guide for Ugandan Investors

1. 1. Acquire Nova Merged wBTC (zkLink) (WBTC) Tokens

   To lend Nova Merged wBTC (zkLink), you first need to possess it. To acquire Nova Merged wBTC (zkLink), you will have to buy it. You can select from these popular exchanges available in Uganda.

   E-platform	Coin	Cost
   Uphold	Nova Merged wBTC (zkLink) (WBTC)	105,586.08 APY
   Blockchain.com	Nova Merged wBTC (zkLink) (WBTC)	19,154.51 APY
   Currency.com	Nova Merged wBTC (zkLink) (WBTC)	85,217.85 APY
   FMFW.io	Nova Merged wBTC (zkLink) (WBTC)	109,934 APY
   Phemex	Nova Merged wBTC (zkLink) (WBTC)	87,415.56 APY
   Probit	Nova Merged wBTC (zkLink) (WBTC)	107,090 APY

   See all 12 prices in Uganda

2. 2. Select a Nova Merged wBTC (zkLink) Lender

   Once you have WBTC, you'll need to select a Nova Merged wBTC (zkLink) lending platform to lend your tokens. You can explore some options here.

   E-platform	Coin	APY
   Aave	Nova Merged wBTC (zkLink) (WBTC)	Up to 0.13% APY
   Blockchain.com	Nova Merged wBTC (zkLink) (WBTC)	Up to 0.65% APY

   View all 4 APY rates

3. 3. Earn Nova Merged wBTC (zkLink) in Uganda's vibrant financial landscape

   Once you've selected a platform to earn your Nova Merged wBTC (zkLink), transfer your Nova Merged wBTC (zkLink) into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay APY daily, while others do so weekly or monthly.

4. 4. Grow Your Savings

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Ensure that your earning platform offers compounding APY to maximise your returns.

What to Keep in Mind

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 take to secure your cryptocurrency.