Where and How to Earn BeFi Labs (BEFI)

Introduction

Lending BeFi Labs can be a great option for those who want to hold BEFI but earn yield. The steps can be a bit intimidating, particularly the first time you try them. That’s why we’ve compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain BeFi Labs (BEFI) Tokens

   To lend BeFi Labs, you need to have it. To get BeFi Labs, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   MEXC Global	BeFi Labs (BEFI)	0
   Gate.io	BeFi Labs (BEFI)	0
   Bitget	BeFi Labs (BEFI)	0,03
   Bitmart	BeFi Labs (BEFI)	0
   BingX	BeFi Labs (BEFI)	0
   CoinEx	BeFi Labs (BEFI)	0

   See all 14 prices

2. 2. Choose a BeFi Labs Lender

   Once you have BEFI, you'll need to choose a BeFi Labs lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Bitget	BeFi Labs (BEFI)	Up to 1% APY

3. 3. Earn BeFi Labs

   Once you've chosen a platform to earn your BeFi Labs, transfer your BeFi Labs into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly or monthly.

4. 4. Earn Interest

   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 earning platform pays compounding interest to maximise your returns.

What to be Aware of

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.