Earn up to
0.24% APY
A comprehensive guide on how to earn Wrapped Bitcoin (WBTC)
We have extensive data on earning Wrapped Bitcoin (WBTC), and we are pleased to share some of this information with you.
We present various earning opportunities with alternative coins that may pique your interest.
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Lending Wrapped Bitcoin is an excellent choice for those looking to hold WBTC while earning yield. The process may seem intimidating, especially for first-timers. That's why we've created this guide to help you navigate it.
To lend Wrapped Bitcoin, you must first possess it. To acquire Wrapped Bitcoin, you will need to buy it. You can select from these well-known exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Binance | Wrapped Bitcoin (WBTC) | 89,633.51 |
| Kraken | Wrapped Bitcoin (WBTC) | 89,004.6 |
| OKX | Wrapped Bitcoin (WBTC) | 114,676.9 |
| BingX | Wrapped Bitcoin (WBTC) | 89,655.62 |
| Bitget | Wrapped Bitcoin (WBTC) | 89,530.9 |
| Bitmart | Wrapped Bitcoin (WBTC) | 89,621.98 |
Once you have WBTC, you'll need to select a Wrapped Bitcoin lending platform to lend your tokens. You can find some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Aave | Wrapped Bitcoin (WBTC) | Earn up to 0.01% APY |
| Bitget | Wrapped Bitcoin (WBTC) | Earn up to 1.3% APY |
| Compound | Wrapped Bitcoin (WBTC) | Earn up to 0.46% APY |
| Klink | Wrapped Bitcoin (WBTC) | Earn up to 4% APY |
After selecting a platform to earn your Wrapped Bitcoin, transfer your Wrapped Bitcoin to your wallet on that platform. Once deposited, it will begin accruing interest. Some platforms offer daily interest payments, while others may pay weekly or monthly.
Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximize your returns.
Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before making any deposits. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the security measures they have in place for your assets.
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