Earn up to
11% APY
An in-depth guide on how to lend Bitcoin Cash (BCH)
We have a lot of data on lending Bitcoin Cash (BCH) and we share some of this with you.
We show you some lending options with other coins that could be of interest.
Bitcoin Cash (BCH) is currently priced at $11 with a 24-hour trading volume of $229.05M. The market cap of Bitcoin Cash stands at $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}
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.
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) | 631.42 |
| PrimeXBT | Bitcoin Cash (BCH) | 629.21 |
| EarnPark | Bitcoin Cash (BCH) | 630.97 |
| YouHodler | Bitcoin Cash (BCH) | 629.55 |
| Binance | Bitcoin Cash (BCH) | 629.7 |
| OKX | Bitcoin Cash (BCH) | 633.1 |
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 |
Once you've chosen a platform to lending your Bitcoin Cash, transfer your Bitcoin Cash 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.
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.
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.
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