Introduction
Lending BlockBlend is an excellent choice for those looking to hold BBL while earning yield. The process may seem intimidating at first, which is why we've created this guide to help you navigate it.
Comprehensive Guide
1. Acquire BlockBlend (BBL) Tokens
To lend BlockBlend, you must first own it. To acquire BlockBlend, you will need to buy it. You can select from these well-known exchanges.
View all 8 pricesPlatform Coin Cost Bitget BlockBlend (BBL) 0 Gate.io BlockBlend (BBL) 0.0001592 Hotcoin BlockBlend (BBL) 0.01 HTX BlockBlend (BBL) 0.00034 MEXC Global BlockBlend (BBL) 0.0001423 2. Select a BlockBlend Lender
Once you have BBL, you'll need to select a BlockBlend lending platform to lend your tokens. You can find some options listed here.
Platform Coin Interest rate Bitget BlockBlend (BBL) Earn up to 1% APY 3. Lend Your BlockBlend
After selecting a platform to lend your BlockBlend, transfer your BlockBlend into your wallet on that platform. Once deposited, it will begin to earn interest. Some platforms pay interest daily, while others do so weekly or monthly.
4. Grow Your Savings
Now all you need to do is relax while your crypto accumulates interest. The more you deposit, the greater your potential earnings. Ensure that your lending platform offers compounding interest to maximize your returns.
Things to Consider
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing. Only lend what you can afford to lose. Review their lending practices, read user reviews, and understand how they secure your cryptocurrency.
Recent Developments
BlockBlend (BBL) is currently priced at $1 with a 24-hour trading volume of $10,029.36. For those looking to buy or trade BlockBlend, Bitget offers avenues to do so securely and efficiently
- 24-hour trading volume
- $10,029.36