Introduction
Lending Nova Merged wBTC (zkLink) can be a great option for those who want to hold WBTC 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 Nova Merged wBTC (zkLink) (WBTC) Tokens
In order to lend Nova Merged wBTC (zkLink), you need to have it. To obtain Nova Merged wBTC (zkLink), you'll need to purchase it. You can choose from these popular exchanges.
See all 12 pricesPlatform Coin Price Uphold Nova Merged wBTC (zkLink) (WBTC) 96,083.11 Blockchain.com Nova Merged wBTC (zkLink) (WBTC) 19,154.51 FMFW.io Nova Merged wBTC (zkLink) (WBTC) 83,762 Probit Nova Merged wBTC (zkLink) (WBTC) 96,070 Currency.com Nova Merged wBTC (zkLink) (WBTC) 85,217.85 Phemex Nova Merged wBTC (zkLink) (WBTC) 95,786.95 2. Choose a Nova Merged wBTC (zkLink) Lender
Once you have WBTC, you'll need to choose a Nova Merged wBTC (zkLink) lending platform to lend your tokens. You can see some options here.
See all 4 lending ratesPlatform Coin Interest rate Aave Nova Merged wBTC (zkLink) (WBTC) Up to 0.13% APY Blockchain.com Nova Merged wBTC (zkLink) (WBTC) Up to 0.65% APY 3. Earn Nova Merged wBTC (zkLink)
Once you've chosen a platform to earning your Nova Merged wBTC (zkLink), transfer your Nova Merged wBTC (zkLink) 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
Nova Merged wBTC (zkLink) (WBTC) is currently priced at $0.13 with a 24-hour trading volume of $1,185.9. For those looking to buy or trade Nova Merged wBTC (zkLink), Aave offers avenues to do so securely and efficiently}
- 24h volume
- $1,185.9