Where and How to Earn Binance-Peg IoTeX (IOTX)

Introduction

Lending Binance-Peg IoTeX can be a great option for those who want to hold IOTX 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 Binance-Peg IoTeX (IOTX) Tokens

   To lend Binance-Peg IoTeX, you need to have it. To get Binance-Peg IoTeX, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Kucoin	Binance-Peg IoTeX (IOTX)	0,02
   Azbit	Binance-Peg IoTeX (IOTX)	0,02

2. 2. Choose a Binance-Peg IoTeX Lender

   Once you have IOTX, you'll need to choose a Binance-Peg IoTeX lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Binance-Peg IoTeX (IOTX)	Up to 100% APY

3. 3. Earn Binance-Peg IoTeX

   Once you've chosen a platform to earn your Binance-Peg IoTeX, transfer your Binance-Peg IoTeX 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.