Introduction

Lending New BitShares can be a great option for those who want to hold NBS but earn yield. The steps can be a bit daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-step guide

1. 1. Obtain New BitShares (NBS) Tokens

   To lend New BitShares, you need to have it. To get New BitShares, you’ll need to buy it. You can pick from these popular exchanges.

   Platform	Coin	Price
   Gate.io	New BitShares (NBS)	0,00005473
   MEXC Global	New BitShares (NBS)	0,00003

   See all 4 prices

2. 2. Choose a New BitShares Lender

   Once you have NBS, you’ll need to choose a New BitShares lending platform to lend your tokens. You can see some options here.

3. 3. Lend Your New BitShares

   Once you’ve chosen a platform to lend your New BitShares, transfer your New BitShares into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay 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 lending platform pays compound 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.