Introduction
Lending Biconomy can be a great option for those who want to hold BICO 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. Obtain Biconomy (BICO) Tokens
To lend Biconomy, you need to have it. To get Biconomy, you’ll need to buy it. You can choose from these popular exchanges.
See all 43 pricesPlatform Coin Price Uphold Biconomy (BICO) 0,12 Kraken Biconomy (BICO) 0,12 OKX Biconomy (BICO) 0,13 Binance Biconomy (BICO) 0,12 Coinbase Biconomy (BICO) 0,12 MEXC Global Biconomy (BICO) 0,12 2. Choose a Biconomy Lender
Once you have BICO, you'll need to choose a Biconomy lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Biconomy (BICO) Up to 0,5% APY 3. Earn Biconomy
Once you've chosen a platform to earn your Biconomy, transfer your Biconomy 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. 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.
Latest Movements
Biconomy (BICO) is presently priced at US$0,5 with a 24-hour trading volume of US$11,24M. The market cap of Biconomy stands at US$251,34M, with 919,69M BICO in circulation. For those interested in buying or trading Biconomy, Kucoin offers ways to do so safely and efficiently
- Market cap
- US$251,34M
- 24h trading volume
- US$11,24M
- Circulating supply
- 919,69M BICO