How to Lend PAX Gold (PAXG) in Vietnam

Introduction

Lending PAX Gold is an excellent choice for those looking to hold PAXG 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. 1. Acquire PAX Gold (PAXG) Tokens

   To lend PAX Gold, you must first own it. To acquire PAX Gold, you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   Nexo	PAX Gold (PAXG)	3,659.53
   Uphold	PAX Gold (PAXG)	3,380.06
   Kraken	PAX Gold (PAXG)	3,661.06
   Binance	PAX Gold (PAXG)	3,659.45
   Coinbase	PAX Gold (PAXG)	3,657.97
   Luno	PAX Gold (PAXG)	3,730

   View all 44 prices

2. 2. Select a PAX Gold Lender

   Once you have PAXG, you'll need to select a PAX Gold lending platform to lend your tokens. You can find some options listed here.

   Platform	Coin	Interest rate
   Nexo	PAX Gold (PAXG)	Earn up to 7% APY
   Gemini	PAX Gold (PAXG)	Earn up to 0.01% APY
   Kucoin	PAX Gold (PAXG)	Earn up to 0.28% APY

   View all 7 loan rates

3. 3. Lend Your PAX Gold

   After selecting a platform to lend your PAX Gold, transfer your PAX Gold 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. 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.