Introduction
Lending Beldex can be a great option for those who want to hold BDX 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 Beldex (BDX) Tokens
In order to lend Beldex, you need to have it. To obtain Beldex, you'll need to purchase it. You can choose from these popular exchanges.
See all 6 pricesPlatform Coin Price MEXC Global Beldex (BDX) 0.07 Gate.io Beldex (BDX) 0.07 CoinEx Beldex (BDX) 0.07 2. Choose a Beldex Lender
Once you have BDX, you'll need to choose a Beldex lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Beldex (BDX) Up to 200 APY 3. Lend Your Beldex
Once you've chosen a platform to lending your Beldex, transfer your Beldex into your wallet in the lending 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 lending 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
Beldex (BDX) is currently priced at $200 with a 24-hour trading volume of $6.95M. The market cap of Beldex stands at $554.56M, with 6.91B BDX in circulation. For those looking to buy or trade Beldex, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $554.56M
- 24h volume
- $6.95M
- Circulating supply
- 6.91B BDX