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Introduction

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.

Comprehensive Guide

1. 1. Acquire Wrapped Bitcoin (WBTC) Tokens

   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)	90,931.28
   Kraken	Wrapped Bitcoin (WBTC)	91,074.3
   OKX	Wrapped Bitcoin (WBTC)	114,676.9
   BingX	Wrapped Bitcoin (WBTC)	90,943.42
   Bitget	Wrapped Bitcoin (WBTC)	90,898.6
   Bitmart	Wrapped Bitcoin (WBTC)	90,931.29

   View all 20 prices

2. 2. Select a Wrapped Bitcoin Lender

   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 0.02% APY
   Bitget	Wrapped Bitcoin (WBTC)	Earn up to 1.3% APY
   Compound	Wrapped Bitcoin (WBTC)	Earn up to 1.82% APY
   Klink	Wrapped Bitcoin (WBTC)	Earn up to 4% APY

   View all 15 loan rates

3. 3. Earn Wrapped Bitcoin

   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.

4. 4. Accumulate Interest

   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.

Key Considerations

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.